Stay updated with the latest income tax notifications for changes in tax laws, rates, and compliance requirements. Get insights into income tax updates, exemptions, deductions, and important deadlines through income tax notifications.
Income Tax : The article examines whether Section 58(3) of the Income-tax Act, 2025 makes tax audit compulsory whenever profits fall below 6%, ...
Income Tax : Income may become tax-free under the new tax regime because of the standard deduction and Section 87A rebate, but ITR filing may s...
Income Tax : The issue concerns whether declaring profits below the presumptive rate automatically triggers tax audit or whether turnover thres...
Income Tax : The article analyses whether declaring profits below presumptive rates automatically triggers tax audit under the Income-tax Act, ...
Income Tax : This analysis explains how charitable and religious trusts qualify for exemption under Sections 11 to 13 of the Income-tax Act. It...
Income Tax : Net direct tax collections for FY 2026-27 grew by 14.64% as of June 17, 2026, driven by higher corporate and non-corporate tax rec...
Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...
Income Tax : The data shows a steady increase in net direct tax collections driven by higher corporate and non-corporate tax revenues. It highl...
Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...
Income Tax : The tax department clarified that no search or restriction was carried out against the individual. It termed the allegations basel...
Income Tax : The ruling clarifies that unauthenticated digital chats and screenshots cannot form the sole basis of tax additions without proper...
Income Tax : The case involved denial of deduction due to delayed execution of purchase deed. The Tribunal held that investment in an under-con...
Income Tax : Gujarat High Court upheld the deletion of a Section 271D penalty, ruling that the assessment order did not record satisfaction for...
Income Tax : Supreme Court reviews the Kakadia Builders case, addressing Settlement Commission's authority to waive interest under Sections 234...
Income Tax : We request the authority concerned to take a practical view of the problems which the assessees are facing as on date on account o...
Income Tax : CBDT has notified the Indian Institute for Human Settlements as an approved institution for social science and statistical researc...
Income Tax : CBDT has clarified that lessees need not deduct TDS on ship lease payments once the IFSC lessor submits Form 1(N), provided the Se...
Income Tax : CBDT has notified tax exemption for specified income of the Mussoorie Dehradun Development Authority under section 10(46). The not...
Income Tax : Exercising powers under Section 119(2)(b), CBDT has condoned delays in Form 10AB filing for eligible cases. The Circular does not ...
Income Tax : CBDT has approved a scientific research institution under the Income-tax Act, 2025 for tax years 2026-27 to 2030-31. The notificat...
Notification No. 102/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1881(E), DATED 11-8-2011 Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 121(E), dated 12th January, 2009, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 15, “Aadivasi Anna Arogya Shikshan Yojana (providing education, health & food for tribal & rural childrens)” by Shantilal Shanghvi Foundation, F.P. 145, Ram Mandir Road, Vile Parle (East), Mumbai -400057, Maharashtra, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
Notification No. 101/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1880(E), DATED 11-8-2011 – Whereas by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.206(E), dated the 17th March, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 8, “Equipments and vehicle, running of Eye Hospital/camps at Bharatpur, Rajasthan” by Friendship Foundation Trust, Giriraj, 8, Andi Hill, Satellite Road, Jodhpur Tekra, Ahmedabad, Gujarat – 380015, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98,
Notification No. 100/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1879(E), DATED 11-8-2011 Whereas by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.466(E) dated the 29th March, 2007, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) the Central Government had notified at serial number 1, – “Satya Bharti Schools (establishing & supporting 500 primary schools as well as non-formal education)” by Bharti Foundation, H-5/12, Qutub Ambience, Mehrauli Road, New Delhi – 110030 as an eligible project or scheme for a period of three years beginning with financial year 2007-2008 and which was extended further vide Notification number S.O.648(E), dated 22 March, 2010 for a period of three years beginning with financial years 2010-11;
NC Notification No. 99/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1878(E), DATED 11-8-2011 – Whereas by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.708(E) dated the 25th May, 2005, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 12, “SMF-CANSTOP [Cancer Support Therapy to overcome pain]” by Sundaram Medical Foundation, Chennai, Shanti Colony, IVth Avenue, Anna Nagar, Chennai, Tamil Nadu – 600040, as an eligible project or scheme for a period of three years beginning with financial year 2005-2006 and which was extended further vide Notification Number S.O.761(E), dated 18th March, 2009 for a further period of three years beginning with the financial year 2008-09;
NC Notification No. 98/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1877(E), DATED 11-8-2011 Whereas by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1111(E), dated the 8th August, 2005, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 6, “Construction of buildings for the education, rehabilitation, training and welfare of persons
NC Notification No. 97/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1876(E), DATED 11-8-2011 Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.96(E), dated the 11th February, 1999, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 9, for “Providing free food and anti-Cancer drugs to poor cancer patients in General wards of Cancer Institute at Chennai,
NC Notification No. 96/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1875(E), DATED 11-8-2011 Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2370(E), dated 3rd October, 2008, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 35, “Pre-primary and primary school” by Jamia Islamia Ishaatul Uloom, Amlibari Molgi Road, District Nandurbar, A/P. Akkalkuwa, Maharashtra – 425 415, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
NC Notification No. 95/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1874(E), DATED 11-8-2011 Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.60(E), dated the 22nd January, 2003, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 1, “Corpus fund for Siva Sakhti Sathya Sai Charitable Trust” by Siva Sakhti Sathya Sai Charitable Trust, No. 3, Ponniyamman Koil Stree, Alapakkam
NC Notification No. 94/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1873(E), DATED 11-8-2011 – Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.973(E) dated the 14th December, 1995, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, for “Running of free medical aid services at NOIDA” by Kailash Charitable Trust, C-320, Sector-19, NOIDA-201301, as an eligible project or scheme for a period of three years beginning with assessment year 1996-1997,
NC Notification No. 93/2011 – Income Tax [F.NO.V-27015/3/2011-SO(NAT.COM]/S.O.1872(E), DATED 11-8-2011 – Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.180(E), dated the 10th March, 1997, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 17, “Construction, equipments and furnishing of a 50 bed Hospice for the care of the terminally ill Cancer patients at Bangalore,
