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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


Monthly (April 2025) Legal Obligations + Legal updates for India

CA, CS, CMA : Explore 375 key legal compliances and updates across FEMA, Income Tax, and GST for March 2025. Stay informed on filing deadlines a...

April 7, 2025 35484 Views 1 comment Print

February 2025 Due Date Calendar for Tax & Compliance

CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...

February 8, 2025 15030 Views 0 comment Print

Issue with Rebate under Section 87A for Capital Gain Tax: A Detailed Look

Income Tax : Explore why the Income Tax Department is disallowing Section 87A rebate on capital gains under the new tax regime, leading to unex...

January 9, 2025 78195 Views 27 comments Print

Maximize Income Tax deductions with Health Insurance: Section 80D explained

Income Tax : Learn how Section 80D offers additional deductions on health insurance premiums for individuals and HUFs. Maximize tax savings und...

September 27, 2024 3033 Views 0 comment Print

Capital Gain Tax Exemption on Property under Redevelopment

Income Tax : Learn about capital gain tax exemptions on property under redevelopment, including eligibility under Section 54 and implications f...

September 23, 2024 42240 Views 6 comments Print


Latest News


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 678 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 3696 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- Sunday�...

February 26, 2024 10332 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 2592 Views 0 comment Print

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

Income Tax : Join the exclusive webinar on Understanding TDS on Purchase/ Sale of Property under Section 194IA of Income Tax Act, 1961. Many ta...

February 15, 2024 4482 Views 0 comment Print


Latest Judiciary


Time limit for bringing immovable property to sale by auction extended as per proviso to rule 68B

Income Tax : Madras High Court held that extension of period for bringing immovable property to sale by auction is justifiable since time limit...

March 27, 2025 144 Views 0 comment Print

Lease Rent from Industrial Park Property Taxable as Business Income: Madras HC

Income Tax : Madras High Court held that lease rent received from letting out property in industrial park is chargeable to tax under the head �...

September 21, 2024 654 Views 0 comment Print

Initiation of Section 153C Proceedings Beyond Six Years Impermissible: ITAT Ahmedabad

Income Tax : ITAT Ahmedabad held that AO had no jurisdiction to initiate proceedings u/s. 153C of the Income Tax Act beyond permissible period ...

August 26, 2024 465 Views 0 comment Print

Acceptance or Rejection of Books: An Analysis

Income Tax : Explore the impact of book acceptance or rejection on taxation with insights into grounds for rejection and factors favoring accep...

May 13, 2024 1227 Views 0 comment Print

Denial of  Sections 80G & 12A Registration: Kerala HC directs reconsideration of Application

Income Tax : Kerala High Court overturns rejection of Snehatheeram Charitable Trust's application for 80G certificate under Income Tax Act, 196...

April 12, 2024 1932 Views 0 comment Print


Latest Notifications


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 25, 2025 87 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 243 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 669 Views 0 comment Print

Notification No. 92/2024-Income Tax Dated: 18th July, 2024

Income Tax : Ministry of Finance amends tax exemption notification, extending the eligible investment deadline to 31st March 2025 under section...

July 18, 2024 351 Views 0 comment Print

Notification No. 91/2024-Income Tax Dated: 18th July, 2024

Income Tax : CBDT Notification 91/2024 extends the deadline for Section 10(23FE) tax exemptions to March 31, 2025. Discover the key changes and...

July 18, 2024 300 Views 0 comment Print


New house purchased in the name of spouse, eligible for section 54 deduction

January 15, 2024 5253 Views 0 comment Print

ITAT Delhi Bench ruling on eligibility for income tax deduction under Section 54. Learn why a house purchased in the spouse’s name qualifies and understand key considerations.

Summary of Hon’ble ITAT Pune decision on Transfer Pricing in the year 2023

January 9, 2024 1701 Views 0 comment Print

Explore detailed analysis of Hon’ble ITAT Pune decisions in 2023 on transfer pricing, covering allocation of expenses, custom duty, working capital, methods, and more.

No Income Tax on Interest-Free Refundable Project Deposit: Andhra Pradesh HC

January 5, 2024 1137 Views 1 comment Print

Explore the Coastal Ceramics vs Union of India case where AP High Court rules that an interest-free refundable security deposit for project completion is not subject to income tax for AY 2019-20.

HC dismisses writ petition challenging conditional stay on tax demand

December 28, 2023 597 Views 0 comment Print

Read the Kerala High Court judgment on Covenant Stones vs CIT, where the writ petition challenging the conditional stay on tax demand is dismissed. Analysis of undisclosed income assessment provided.

Set-off and adjustment of income tax refund – Section 245 Explained

December 26, 2023 5295 Views 0 comment Print

Learn about income tax refund set-off under Section 245. Discover the process, rights, and implications for taxpayers. Get insights into recent changes and how to respond to adjustments.

A Study of Residential Status of an Individual and Hindu Undivided Family in Accordance To Income Tax Act

December 8, 2023 17559 Views 0 comment Print

Explore the intricacies of residential status under the Income Tax Act in India. Learn about individual and HUF classifications, conditions, and recent amendments.

Vienna Convention in International Taxation: Principles & Implications

December 5, 2023 804 Views 0 comment Print

Explore Vienna Convention’s role in international taxation, focusing on principles like good faith, territorial scope, and treaty interpretation. Learn key insights for navigating Double Taxation Avoidance Agreements (DTAAs).

Best tax saving Mutual Funds to Invest in 2023

December 5, 2023 13731 Views 2 comments Print

Explore the best tax-saving mutual funds (ELSS) for 2023 with top-performing funds like Quant Tax Plan, SBI Long Term Equity, and more. Maximize returns while enjoying tax benefits under Section 80C

All about Document Identification Number under Income Tax Act

December 4, 2023 3003 Views 0 comment Print

Explore the significance of DIN under CBDT Circular 19/2019 in Income Tax communications. Learn exceptions, consequences, and how to authenticate notices.

Higher TDS deduction due to PAN Holder’s Negligence

December 4, 2023 5070 Views 0 comment Print

TDS challenges due to PAN-Aadhar non-linkage. Understand the repercussions leading to TAN holder notices and remedies for escalated TDS deductions.

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