CBDT Notification No. 91/2026 notifies NPCIL’s capital asset transfer to ASHVINI under section 47(viiaf), applicable for FY...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
CBDT approves IIIT Dharwad for scientific research under Section 45 of the Income-tax Act, 2025, subject to...
CBDT notifies NaBFID’s ten-year zero coupon bond under Section 2(112), specifying issue timeline, maturity amount, discount and...
ITAT Delhi deleted Section 68 and bogus purchase additions, holding no incriminating material existed for concluded assessments...
ITAT Nagpur upheld deletion of capital gains, holding that a development agreement granting only a licence to...
ITAT Delhi quashed the assessment after holding that the Section 143(2) notice was issued by an ITO...
ITAT Delhi held ground handling and engineering service receipts taxable in India, rejecting Article 8 India-UK DTAA...
ITAT Patna allowed deduction for interest on delayed sales tax, service tax and employer’s PF, disallowed TDS...
ITAT Delhi upheld deletion of Section 56(2)(viib) addition, holding the provision applied on share allotment and the...
Delhi HC upheld deletion of Section 56 addition after holding Rule 11UA applicable for AY 2014-15 could...