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India's income tax laws are subject to periodic revisions. Read Our Latest News and Updated on Income-tax, Articles on income tax India to understand income tax slab, Income tax e-filing, income tax refund, income tax return, income tax act, income tax e payment, etc

Latest Articles


Analysis of Notifications & Circulars for Week Ending 17th May 2026

CA, CS, CMA : The article summarizes important notifications, circulars, judicial rulings, and regulatory changes issued between 11–17 May 202...

May 18, 2026 2808 Views 0 comment Print

Reassessment Quashed as Section 148 Approval Was Taken from Wrong Authority

Income Tax : The Bombay High Court held that reopening for AY 2016–17 becomes invalid when sanction is obtained from an authority not prescri...

May 13, 2026 1470 Views 0 comment Print

Analysis of Notifications & Circulars for Week Ending 10th May 2026

CA, CS, CMA : The week witnessed important rulings on benami transactions, GST natural justice violations, and misuse of insolvency proceedings....

May 11, 2026 3090 Views 0 comment Print

Income From House Property under Income Tax Act 2025

Income Tax : A comprehensive guide explaining taxation of house property income, annual value computation, deemed ownership, and deductions und...

May 9, 2026 1278 Views 0 comment Print

175 Legal Compliances and Legal Updates for May-2026 in India

CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for May 2026. It highlights filing requirements under income tax...

May 4, 2026 53052 Views 2 comments Print


Latest News


No New Digital Search Powers Under Section 247 of New Income Tax Act 2025

Income Tax : The Government clarified that the new income tax search provision does not expand powers or permit AI-based digital surveillance, ...

February 10, 2026 1980 Views 0 comment Print

No Corporate Tax Written Off by Government (FY 2019-20 to FY 2024-25)

Income Tax : The government responds to queries on corporate tax, including notices, prosecutions, and collections over the past five years....

December 11, 2024 1221 Views 0 comment Print

Budget Memorandum 2024 & suggested Amendments to Income-tax Act 1961

Income Tax : Explore the Malad Chamber of Tax Consultants' 2024 Pre-Budget Memorandum proposing crucial amendments to the Income Tax Act, 1961,...

June 20, 2024 4239 Views 0 comment Print

Live Webinar on Section 43B(h) of Income Tax Act, 1961- MSE Payment

Income Tax : Live Webinar on Section-43B(h) of Income Tax Act, 1961 read with Section-2, 7-8, 15-16-17 of MSMED Act 2006 on 03-03-2024- SundayÂ...

February 26, 2024 10731 Views 0 comment Print

Join Live webinar on Taxation Critical Issues & Solution

Income Tax : Live webinar – Taxation Critical Issues & Solution Did you know our Indian Tax System is extremely vulnerable? Let me te...

February 15, 2024 2952 Views 0 comment Print


Latest Judiciary


Calcutta HC Directs Advance Ruling Board to Expedite Joint Venture Tax Ruling Ahead of Revised ITR Deadline

Income Tax : The court directed the Board of Advance Rulings to expedite the disposal of a pending application under Section 245Q, ensuring tim...

December 16, 2025 492 Views 0 comment Print

Delay in Form 10-B Filing Conditionally Allowed Due to Treasurer’s Age & Pandemic

Income Tax : The High Court allowed a religious society to submit delayed audit documents, citing the treasurer’s age and Covid-19 as valid r...

December 13, 2025 465 Views 0 comment Print

Kerala HC Stays Income Tax Recovery Proceedings Pending Appellate Review

Income Tax : The Kerala High Court has temporarily halted income tax recovery proceedings against Palode Service Co-Operative Bank Ltd a Primar...

October 18, 2025 438 Views 0 comment Print

Revenue Cannot Adjust AMP Expenses Without Tangible Evidence: Delhi HC

Income Tax : The Delhi High Court dismissed the Revenue's appeals in CIT-1 v. Casio India Co. Pvt. Ltd. for AY 2012-13 and 2013-14, affirming t...

October 17, 2025 645 Views 0 comment Print

ITAT Deletes ₹15 Crore Section 68 Cash Credit Addition on Old Car Sales Proceed

Income Tax : The Tribunal found the addition uncalled for. cash deposits from the sale of old vehicles, accepted as genuine sales by the AO, ca...

October 17, 2025 816 Views 0 comment Print


Latest Notifications


CBDT notifies Jhansi Development Authority Income Tax Exemption

Income Tax : CBDT Notification 150/2025 grants income tax exemption to the Jhansi Development Authority under Section 10(46A), effective from A...

October 8, 2025 474 Views 0 comment Print

CBDT notifies Income Tax Exemption to Parambikulam Tiger Conservation Foundation

Income Tax : The Central Board of Direct Taxes has granted income tax exemption to the Parambikulam Tiger Conservation Foundation on specific i...

August 12, 2025 561 Views 0 comment Print

Mysore Palace Board Income Tax Exemption Notification – Section 10(46)

Income Tax : CBDT notification details income tax exemption for Mysore Palace Board. Covers income from palace, fees, rent from government agen...

April 24, 2025 999 Views 0 comment Print

Income Tax Exemption for West Bengal Transport Workers Social Security Scheme

Income Tax : West Bengal Transport Workers' Social Security Scheme receives tax exemption for specified income under Income-tax Act for AY 2021...

August 12, 2024 483 Views 0 comment Print

AIMCo India Infrastructure Pension Fund Exemption Details

Income Tax : Read about the latest income tax notification specifying AIMCo India Infrastructure Pension Fund for tax exemption under section 1...

July 19, 2024 1233 Views 0 comment Print


Vehicle Accident Compensation: HC directs consideration of Average Income

March 31, 2024 789 Views 0 comment Print

Karnataka High Court considers income variations in compensation assessment. Detailed analysis of Jayashree Vs Mahaningappa & Others case with judgment highlights.

Habit of Online Gaming May Invite Income Tax Scrutiny Notice | Section 143(2) of Income Tax Act, 1961

March 22, 2024 7842 Views 0 comment Print

Learn how online gaming habits can lead to income tax scrutiny notices under Section 143(2) of the Income Tax Act, 1961. Understand the pitfalls and avoid costly mistakes.

Income Tax Calculations – With Deduction and Without Deduction

March 22, 2024 4926 Views 1 comment Print

Learn about the intricacies of income tax calculations with and without deductions. Explore tax slabs, deductions, and their impact on your tax liabilities.

Addition u/s 68 deleted as genuineness and creditworthiness of lender proved: ITAT Delhi

March 18, 2024 1080 Views 0 comment Print

ITAT Delhi’s order on Trident Towers Pvt. Ltd vs ACIT addresses the deletion of addition under section 68 of the Income Tax Act, citing submission of requisite documents.

Whether Automation has helped either Income Tax Assessees or Department

March 14, 2024 4899 Views 2 comments Print

Explore the effects of automation on taxpayers and the Income Tax Department. Discover the challenges, benefits, and areas for improvement in this detailed analysis.

Have you received the Mismatch Notices from Income Tax?

March 1, 2024 5580 Views 0 comment Print

Explore the Income Tax Departments Mismatch Campaign, its implications, and the complexities faced by taxpayers. Learn how to respond and avoid potential litigation.

Live Webinar on Section 43B(h) of Income Tax Act, 1961- MSE Payment

February 26, 2024 10731 Views 0 comment Print

Live Webinar on Section-43B(h) of Income Tax Act, 1961 read with Section-2, 7-8, 15-16-17 of MSMED Act 2006 on 03-03-2024- Sunday  11:00 AM by Advocate Rajbir Singh.

Join Live webinar on Taxation Critical Issues & Solution

February 15, 2024 2952 Views 0 comment Print

Live webinar – Taxation Critical Issues & Solution Did you know our Indian Tax System is extremely vulnerable? Let me tell you how: There are over 12 types of taxes in India, yet our tax collections are only 5% compared to the US (Second largest democracy). Due to this, we lack access to free education, […]

Join Live Webinar on Understanding TDS on Purchase/Sale of Property

February 15, 2024 4803 Views 0 comment Print

Join the exclusive webinar on Understanding TDS on Purchase/ Sale of Property under Section 194IA of Income Tax Act, 1961. Many taxpayers and buyers of property are receiving notices for inadequate deduction of TDS on property. Moreover a large number of home buyers do not know that they have to deduct TDS while making payments […]

Rate of Income Tax in Different Countries

February 8, 2024 2274 Views 0 comment Print

Explore the varying income tax rates across countries, from zero tax nations to those with high rates. Gain insights into historical changes and proposals for tax reform.

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