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 Jabalpur Tribunal held that signing an Agreement to Sell and receiving advance money did not trigger capital gains tax because...
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 : 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 notifies NCCL's Core Settlement Guarantee Fund under Section 11 and Schedule III of the Income-tax Act, 2025, subject to spec...
Income Tax : CBDT notifies NCCL's Core Settlement Guarantee Fund for Section 10(23EE) exemption for AYs 2019-20 to 2026-27, subject to specifie...
Income Tax : CBDT notifies Telangana Pollution Control Board under Section 11 of Income-tax Act, 2025, effective from tax year 2026-27 subject ...
Income Tax : CBDT approves IIHS for social science or statistical research for tax years 2026-27 to 2030-31, subject to prescribed compliance c...
Income Tax : CBDT has notified the Indian Institute for Human Settlements as an approved institution for social science and statistical researc...
Notification No. S.O.157- Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category ” Association
Notification No. S.O.3091 – Income Tax In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shri Vedantha Desigar Devasthanam, Mylapore, Madras, for the purpose of the said section for the period covered by the assessment years 1979-80 to 1981-82
Notification No. S.O.2953 – Income Tax In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Harijan Sevak Sangh, Delhi, for the purpose of the said section for the period covered by the assessment years 1979-80 to 1981-82
Notification No. S.O.2952 – Income Tax In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies India International Centre, New Delhi, for the purpose of the said section for the period covered by the assessment years 1982-83 to 1984-85
Circular No. 316 – Income Tax Attention is invited to Board’s Circular Letter No. 10/22/65-IT(A-I), dated 24-5-1965 [Annex] on the subject, wherein it was conveyed that expenditure on certain specified civil defence measures incurred by business concerns during emergency should be treated as revenue expenditure and allowed
Notification No. S.O.3288 – Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Jhamsingh Balaji Venkateshwarswamy Devasthanam, Gudimalkapur (Hyderabad) to be a place of public worship of renown throughout the State of Andhra Pradesh
Notification No. S.O.3287 – Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Gangadhareswarar Temple, Purasawalkam, Madras, to be a place of public worship of renown throughout the State of Tamil Nadu
Notification No. S.O.3286 – Income Tax In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shree Santram Maharaj Mandir, Nadiad, for the purpose of the said section for the period covered by the assessment year 1981-82
Notification No. S.O.2464 – Income Tax It is hereby notified for general information that the following research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962, by the Indian Council of Medical Research, New Delhi.
Circular No. 315-Income Tax The Board had an occasion to consider the rate at which depreciation should be allowed in respect of “Motor vans” as no specific rate has been provided for them under Appendix I to the Income-tax Rules, 1962
