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Period of limitation prescribed under Income-tax Act, 1961

Income Tax : Understand the statutory time limits for filings, applications, approvals, and settlement processes under the Income-tax Act, incl...

November 20, 2025 5652 Views 1 comment Print

FAQs on Annual Information System (AIS) & Taxpayer Information Summary (TIS)

Income Tax : The AIS is a comprehensive statement providing all tax and financial transaction details, including TDS, SFT, and external data, t...

October 29, 2025 5760 Views 1 comment Print

Comparative Analysis: Section 89 vs Section 90 under Companies Act, 2013

Company Law : Understand Sections 89 and 90 of the Companies Act, 2013, focusing on legal ownership declarations and significant beneficial owne...

July 10, 2025 2529 Views 0 comment Print

From Side Hustle to Tax Puzzle: A Freelancer’s Guide to Taxes

CA, CS, CMA : Discover the complexities of tax compliance for freelancers and gig workers, from understanding income sources to navigating legal...

June 8, 2024 2946 Views 3 comments Print

Updated Return of Income under Income-tax Act

Income Tax : Understand the concept of Updated Return under the Income-tax Act, its necessity, tax implications, and filing process. Get insigh...

March 11, 2024 5982 Views 0 comment Print


Latest News


Govt Identifies SAR of Hong Kong for Double Taxation Avoidance Agreement

Income Tax : The Central Government have notified the “Hong Kong Special Administrative Region of the People’s Republic of China” as ‘s...

April 30, 2010 660 Views 0 comment Print


Latest Judiciary


ITAT Allows Carry Forward of Capital Loss Despite DTAA Exemption on Capital Gains

Income Tax : The Tribunal held that long-term capital losses can be carried forward even when long-term capital gains are exempt under the Indi...

June 1, 2026 132 Views 0 comment Print

ITAT Allows DTAA Benefit on Dividend Distribution Tax as DDT is Tax on Shareholder Income

Income Tax : Delhi ITAT held that Dividend Distribution Tax paid on dividends to non-resident shareholders could be restricted to the treaty ra...

May 22, 2026 219 Views 0 comment Print

Chennai ITAT Grants Full Foreign Tax Credit Despite Lower FTC Claim in Form 67 – Procedural Lapse Cannot Defeat Substantive Relief

Income Tax : The Tribunal ruled that delayed filing or incorrect disclosure in Form 67 does not automatically disentitle an assessee from claim...

May 18, 2026 207 Views 0 comment Print

ITAT Kolkata Allows Foreign Tax Credit Despite Late Filing of Form 67

Income Tax : The ITAT Kolkata held that delayed filing of Form No. 67 is only a procedural defect and cannot deprive an assessee of Foreign Tax...

May 12, 2026 255 Views 0 comment Print

ITAT Kolkata Allows Foreign Tax Credit as Delay in Filing Form 67 Is Procedural

Income Tax : The ITAT Kolkata held that delayed filing of Form No. 67 cannot deprive an assessee of Foreign Tax Credit under Section 90 and the...

May 12, 2026 162 Views 0 comment Print


Latest Notifications


CBDT Draft Rules For Grant Of Foreign Tax Credit U/s. 90/ 90A/ 91

Income Tax : The Income-tax Act, 1961 (the Act) provides that the Central Board of Direct Taxes may prescribe rules specifying the procedure fo...

April 18, 2016 5611 Views 0 comment Print

Section 90 of the Income-tax Act, 1961 – Double Taxation Agreement – Agreement among the Governments of SAARC Member States for avoidance of double taxation and mutual administrative assistance in tax matters

Income Tax : Notification No. 3/2011 - Income Tax WHEREAS the annexed Agreement among the Governments of SAARC (South Asian Association for Re...

January 10, 2011 1621 Views 0 comment Print

Notification No. 86/2010-Income Tax Dated 26/11/2010

Income Tax : Notification No. 86/2010-Income Tax Whereas, an Agreement and the Protocol between the Government of Republic of India and the Gov...

November 26, 2010 850 Views 0 comment Print

Section 90 of the Income-tax Act, 1961 – Double Taxation Agreement – Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with Finland

Income Tax : Notification No. 36/2010-Income Tax Whereas, an Agreement and the Protocol between the Government of Republic of India and the Gov...

May 20, 2010 1465 Views 0 comment Print

Notification No. 25/2010- Income Tax, dated 20-4-2010

Income Tax : Notification No. 25/2010-Income Tax In exercise of the powers conferred by Explanation 2 to section 90 of the Income-tax Act, 1961...

April 20, 2010 628 Views 0 comment Print


Notification No. 78/2009 – Income Tax Dated 12/10/2009

October 12, 2009 565 Views 0 comment Print

Notification No. 78/2009 – Income Tax Whereas, an Agreement and the Protocol between the Government of Republic of India and the Government of the Grand Duchy of Luxembourg for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital was signed at New Delhi on the 2nd day of June, 2008;

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