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. 33/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 874(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 458(E), dated the 30th March, 2006, 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, “Empowering the poor-rural development project” by Vidya Pratishthan, Vidyanagari, Bhigwan Road, Baramati District Pune – 413133, Maharashtra, 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. 2390(E), dated 3rd October, 2008 for further period of three years beginning with financial year 2008-09;
Notification No. 32/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 873(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 458(E), dated the 30th March, 2006, 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 7, “Sustainable development through biotechnology” by Vidya Pratishthan, Vidyanagari, Bhigwan Road, Baramati, Pune – 413133, Maharashtra, 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. 2371(E), dated 3rd October, 2008 for further period of three years beginning with financial year 2008-09;
Notification No.31 /2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 872(E), DATED 27-4-2011 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 9, “KG crusade against childhood blindness” by K. Govindaswamy Naidu Memorial Trust, 5, Govt. Arts College Road, Coimbatore – 641018, 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. 251(E), dated 21st January, 2009 for further period of three years beginning with financial year 2008-09
Notification No. 30/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 871(E), DATED 27-4-2011 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 7, “Akshar centre for hearing impaired” by Akshar Trust, Meghdoot, R.C. Dutt Road, Alkapuri, Baroda-390007, 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. 1463(E), dated 17th June, 2008 for further period of three years beginning with financial year 2008-09;
Notification No. 29/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 870(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 135(E), dated the 3rd February, 2006, 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, “Doctor at Doorstep” by Mahavir International, 6550, Main Qutab Road, Nabi Karim, New Delhi – 110055, 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. 237(E), dated 21st January, 2009 for a further period of three years beginning with financial year 2008-09;
Notification No. 28/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O.869(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1084(E), dated the 11th October, 2002, 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 3, Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana Guiarat” by Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital & Prashutigruh Trust AT & PO Ambasan. Ta & District Mehsana – 384 435, Gujarat, 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. 1010(E), dated the 5th July, 2006 for a period for of two years beginning with financial year 2006-07 and which was extended further vide Notification number S.O. 1472(E), dated the 17th June, 2008 for a period of three years beginning with financial year 2008-09;
Notification No. 27/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 868(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1794(E), dated the 23rd October, 2007, 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, “Madhav Vidhyapith” residential school for tribal students by Shri Vidyabharati Vanvasi Shikshan Samiti, Narmada 44, Sardar Nagar, AT & PO – Valia, Tal – Valia, District Bharuch – 393 135, as an eligible project or scheme for a period of three years beginning with financial year 2007-08;
Notification No. 26/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 867(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 422(E), dated the 19th May, 1998, 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 6, “Running of Health Care and Education activities in Gujarat and Maharashtra’ by Sundeep Foundation, 118, Jolly Bhavan No. 1, 10, New Marine Lines, Mumbai – 400020, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000
Notification No. 25/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 866(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 399(E), dated the 6th June, 1996, 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 11, “Medical Relief Project at Ahmedabad” by Dardiono Rahat Fund, 102, Kashi Parekh Complex, 29, Adarsh Society, Navrangpura, Ahmedabad – 380009, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98 which was extended further vide Notification number S.O. 312(E), dated the 11th May, 1999 for a period of three years beginning with assessment year 2000-01
Notification No. 24/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 865(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.791(E), dated the 18th September, 1995, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had notified at serial number 9, “Construction, equipment, furnishing of Navjyoti Centre for mentally handicapped” by Association for Advancement and Rehabilitation of Handicapped (AAROH), 224, Vasam Enclave, New Delhi-110057, as an eligible project or scheme for a period of three year beginning with Assessment year 1996-97 which was extended further vide Notification number S.O. 683(E), dated the 11th August, 1998 for a period of three years
