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. 23/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 864(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2545(E), dated 6th October, 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 4, Holy Spirit Cancer Centre by Society of the Servants of the Holy Spirit, Holy Spirit Hospital, Mahakali Caves Road, Andheri (E), Mumbai 400 093, as an eligible project or scheme for a period of two years beginning with financial year 2009-10;
Notification No. 22/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 863(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 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 5, “Construction, furnishing, equipments and running of hospital at Crozaria, District Mehsana, Gujarat” by Smt. Samarathben Chunilal and Sheth Dosabhai Madhavji Sarvajanik Trust, Crozaria, District Mehsana, Taluk -Vijapur, Gujarat, 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.101(E), dated the 11th February, 1999 for a period of three years beginning with assessment year 2000-01, which was extended further vide Notification number S.O. 1113(E), dated the 24th October, 2002 for a period of three years beginning with assessment year 2003-04 which was extended further vide Notification number S.O.140(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. No. 245(E), dated 21st January, 2009 for a period of three years beginning with financial year 2008-09;
Notification No. 21/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 862(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 366(E), dated the 10th April, 2000, 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, “Construction of extension building, purchase of equipments/instruments, mobile van, furnishing and running of Kanoria Hospital and Research Centre at Gandhi Nagar, Gujarat” by Kanoria Seva Kendra, 307, Abhijeet Netaji Marg, Ellisbridge, Ahmedabad, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 2000-01, which was extended further vide Notification number S.O. 981(E), dated the 10th September, 2002 for a period of three years beginning with assessment year 2003-04, which was extended further vide Notification number S.O. 506(E), dated the 4th April, 2006 for a period of three years beginning with financial year 2005-06; and which was further extended vide Notification number S.O. 244(E), dated the 21st January, 2009 for a period of three years beginning with financial year 2008-09;
Notification No. 20/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 861(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 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 running of Polio Hospital at Ahmedabad, Gujarat” by Polio Foundation, Shah Chimenlal Chhotalal Lokandwala Charitable Trust Hospital for the Handicapped, Raipur, Chekla, Ahmedabad – 1, 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. 324(E), dated the 11th May, 1999 for a period of three years beginning with assessment year 2000-01, which was extended further vide Notification number S.O. 614(E), dated the 7th June, 2002 for a period of three years beginning with assessment year 2003-04, which was extended further vide Notification number S.O.153(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. 1306(E), dated the 4th June, 2008 for a period of three years beginning with financial year 2008-09;
Notification No. 19/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O.860(E), DATED 27-4-2011 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 20, Purchase of hospital equipments and to raise corpus fund by Jivan Jyot Charitable Trust, C/o Patan Janta Hospital, Sardar Road, Near Railway Garnala, Patan, North Gujarat as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
Notification No. 18/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 859(E), DATED 27-4-2011 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 35, BJS Educational Quality Improvement Project (BJS-EDUQIP) by Bhartiya Jain Sanghatana, Senapati Bapat Road, Opposite Hotel Sahara, Pune 411016, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
Notification No. 17/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 858(E), DATED 27-4-2011 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 37, (a) Including Children in Development, (b) Daycare services in Delhi including NCR region, (c) Training in Northern Hindi speaking belt of India, (d) Advocacy for creche/childcare arrangements for all young children by Mobile Creches for Working Mother’s children, DIZ Area, Raja Bazaar, Sector IV, Near Gole Market, New Delhi 110001, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;
Notification No. 16/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 857(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1501(E), dated 7th September, 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 6, Construction of special School for the visually handicapped children and mentally retarded children by Vivekananda Loksiksha Niketan, Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur, West Bengal – 721 464, as an eligible project or scheme for a period of three years beginning with financial year 2007-08
Notification No. 15/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O.856(E), DATED 27-4-2011 WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 206(E), dated the 17 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 20, “Equipments, running of Pain Relief Centre (SATSEVA) at 827, Bhavani Peth, Pune, Maharashtra” by Care India Medical Society, H-1/13, Salunke Vihar, Pune, Maharashtra – 411029, 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. 217(E), dated the 1st April, 1999 for a period of three years beginning with assessment year 2000-01, which was extended further vide Notification number S.O. 973(E), dated the 10th September, 2002 for a period of three years beginning with assessment year 2003-04, which was extended further vide Notification number S.O.503(E), dated the 4th April, 2006 for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification number S.O.1303(E), dated 4th June, 2008 for a period of three years beginning with financial year 2008-09;
Notification No. 14/2011 – Income Tax [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O.855(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 10, “Matruseva (Health maintenance program for women)” by Care India Medical Society, H-1/13, Salunke Vihar, Pune – 411048, 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. 1303(E), dated 4th June, 2008 for a further period of three years beginning with financial year 2008-09;
