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. 11286-Income Tax equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 130 (hundred thirty) crores by M/s Konaseema EPS Oakwell Power Ltd., is a Public Ltd. having its registered office at 4th Floor, Progressive Towers, Khairatabad, Hyderabad
Notification No. 11287-Income Tax bonds to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 50 (fifty) crores by M/s Infrastructure Leasing & Financial Services Limited having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli
Notification No. 11288-Income Tax bonds to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 50 (fifty) crores by M/s Infrastructure Leasing & Financial Services Ltd. having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai
Notification No. 11289-Income Tax equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 100 (hundred) crores by M/s Adani Port Infrastructure Ltd. a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, near Mithakhali Six Road, Navrangpura,
Notification No. 11290-Income Tax debentures to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 15 (fifteen) crores by M/s Adani Port Infrastructure Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, near Mithakhali Six Road, Navrangpura,
Notification No. 11291-Income Tax Whereas the Central Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as said Act), has framed and notified a scheme for industrial park, in the notification of the Government of India in the Ministry of Industry and Commerce (Department of Industrial Policy
Notification No. 11292-Income Tax In exercise of the powers conferred by the clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “Ganeshji Mandir” to be a place of public worship of renown throughout the State of Delhi and other nearby States for the purpose of the said section.
Notification No. 11293-Income Tax In exercise of the powers conferred by clause (a) of sub-section (1) of section 115ACA of the Income-tax Act, 1961 (43 of 1961), the Central Government specifies “the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993”, notified vide notification of the Government of India, Ministry of Finance, Department of Economic
Notification No. S. O. 279(E)-Income Tax Bonds to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding Rs. 50 (fifty) crores by Infrastructure Leasing and Financial Services Limited having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai.
Notification No. 11281-Income Tax equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 30 (thirty) crores by M/s Kirloskar Power Supply Company Ltd., Pune, having its registered office at Laxmanrao Kirloskar Road, Khadki, Pune-411003
