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...
NC Notification No. 68/2011 – Income Tax 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 11, “National Association for the Blind” by National Association for the Blind, 11, Khan Abdul Gaffar Khan Road, Worli Seaface, Mumbai – 400030, as an eligible project or scheme for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number. S.O.2384(E), dated 3rd October, 2008 for a further period of three years beginning with the financial year 2008-09;
NC Notification No. 62/2011 – Income Tax 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 22, Holy Spirit Ashram – expansion of the existing 50 beds general hospital with 100 beds with special consideration of AIDS and Cancer (with R&D unit) by Mother Foundation Charitable Trust, JN-2/65/A-3, Gulmohur Society, Sector 9, Vashi, Navi Mumbai -400703, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
NC Notification No. 72 /2011- Income Tax 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 17, Extension of Geetanjali Hospital, construction of gynaecology and child care block by Geetanjali University Trust, 19-C, Old Fatehpura, Udaipur-313001, Rajasthan, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
NC Notification No. 67/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 862(E), dated the 12th December, 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 4 “(a) Construction of building, medical equipments, furnishing, ambulance and preliminary expenses of 30 bed hospital; (b) Modernisation of existing hospital, medical, equipments, furnishing, ambulance, preliminary expenses; and (c) Undertaking mobile health clinics and community health workers’ programme” by Dr. M.L. Dhawale Memorial trust, C/o Dr. K.M Dhawale, Sekhsaria Building, 40 Parekh Street, Girgaum, Mumbai-400004, as an eligible project or scheme for a period of three years
NC Notification No. 57/2011 – Income Tax 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 1, Project for BTTP (Bus Them to Purkal) Scheme, Yuva Shakti, Young Adult Education Programme, Stree Shakti by The Purkal Youth Development Society, Purkal village, P.O. Bhagwantpur,Dehradun 248 009, Uttarakhand, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
NC Notification No. 61/2011 – Income Tax WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) Number S.O. 1586(E), dated the 11th November, 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, “Home for physically handicapped girls and women” by Ramakrishna Vivekananda Mission, Rajgarhia House, 7, Riverside Road, Barrackpore, 24 Parganas (North), West Bengal – 700120, as an eligible project or scheme for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O. 2374(E), dated 3rd October, 2008 for a period of three years beginning with financial year 2008-09;
NC Notification No. 56/2011 – Income Tax 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 7, Expansion of residential Blind School by Vidyaniketan Sanskritik, Samajik, Shikshanik, Bahuuddeshiya Sevabhavi Sanstha, Dhamdod, Post Umarde Khurde, Nandurbar, Maharashtra- 425 411, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
NC Notification No. 71/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.915(E), dated the 27th August, 2002, 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, “Construction of building, Auditorium, Ayurvedic Clinic, School building, Administrative Block, Residential Quarters and purchase of equipments, furniture/fixture, books for Dev Sanskriti Vishwa Vidayala and running of Swavalammban, Healthcare and Education programmes at Shantikunj, Haridwar” by Shri Vedmata Gayatri Trust, Shantikunj, Haridwar -249411 (Uttaranchal), as an eligible project or scheme for a period of three years beginning with assessment year 2003-04, which was extended further vide Notification Number S.O.710(E), dated the 25th May, 2005 for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O. 1308(E), dated 4th June, 2008 for a period of three years beginning with financial year 2008-09;
NC Notification No. 66/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.915(E), dated the 27th August, 2002, 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, “Pratham Delhi Education Initiative at Delhi” by Pratham Delhi Education Initiative, 3rd Floor, ICICI Ltd., NBCC Place, Bhisham Pitamah Marg, Pragati Vihar, New Delhi – 110003, as an eligible project or scheme for a period of three years beginning with assessment year 2003-04, which was extended further vide Notification Number S.O. 149(E), dated the 3rd February, 2006 for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O.2375(E), dated the 3rd October, 2008 for a period of three years beginning with financial year 2008-09;
NC Notification No. 60/2011 – Income Tax 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 12, Initiative for empowerment of widow women and person with disabilities through promoting water harvesting structures and livelihood activities by Manila Mandal Banner Agor, Near New Power House, Indira Colony, Barmer, Rajasthan., as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
