Updates Union Budget 2025 Highlights Finance Bill, 2025 Finance Minister's Speech Key to Budget Document, 2025 Budget Highlights (Key Features) Implementation of Budget Announcements 2024-2025 CBDT RELEASES FAQs Budget 2025-26 Union Budget 2025-26--Corporate Tax Wishlist Latest Notifications More... 22-Aug-2025 : Section- 10(46)- Exemption to specified income of Notified Body/Authority/Board/Trusts/Community ‘Credit Guarantee Fund Trust for Animal Husbandry and Dairying', Dated: 22-08-2025 - Notification No. 139/2025/F. No. 300196/6/2025-ITA-I, dt. 22-08-2025 22-Aug-2025 : Section- 10(46)- Exemption to specified income of Notified Body/Authority/Board/Trusts/Community “Karnataka State Building & Other Construction Workers’ Welfare Board” , Dated: 22-08-2025 - Notification No. 138 /2025/F. No. 300196/87/2024-ITA-I, dt. 22-08-2025 21-Aug-2025 : Section- 10(46)- Exemption to specified income of Notified Body/Authority/Board/Trusts/Community The 'Kanpur Development Authority ' under the Uttar Pradesh Urban Planning and Development Act, 1973, Dated: 21-08-2025 - Notification No. 137/2025/F. No. 300195/25/2024-ITA-I, dt. 21-08-2025 Latest Circulars More... 28-Jul-2025 : Section 119—Relaxation of Time Limit for Processing of Returns of Income Filed Electronically Which were Incorrectly Invalidated by CPC - Circular No. 10/2025, dtd. 28-7-2025 [F. No.225/30/2025/ITA-II] 21-Jul-2025 : Partial Modification of Circular No. 3 of 2023 dtd. 28-03-2023 Regarding Consequences of PAN Becoming Inoperative as per Rule 114AAA of the Income Tax Rules, 1962 - Circular No. 9/2025, dtd. 21-7-2025 [F.No. 275/04/2024-IT(B)] 01-Jul-2025 : Clarification Regarding CBDT’s Circular No. 5/2025 dtd. 28-03-2025 for Waiver on Levy of Interest Under Section 201(1A)(ii)/206C(7) of the Income Tax Act, 1961, as the Case May be, in Specific Cases, Reg - Circular No. 8/2025, dtd. 1-7-2025 [F. No. 275/92/2024-IT (B)] Latest Orders, Press Release, etc. More... 18-Aug-2025 : Amendment of Instruction issued under Section- 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (" BMA, 2015" ) read with Section-119 of the Income Tax Act, 1961 regarding prosecution provisions under BMA, 2015- reg. - Instruction F.No. 285/46/2021-IT (Inv. V)/88 21-Jul-2025 : Select Committee of LOK SABHA to Examine The Income-Tax Bill, 2025 - Press Release, dt. 21.07.2025 14-Jul-2025 : Income Tax Department Cracks Down on Bogus Claims of Deductions & Exemptions - Press Release, dt. 14.07.2025 Latest Articles More... Levy of Fee Levy of Fee Under Section 234E and System-Driven Default : A Judicial Pushback Against Technological Rigidity CS. Ayush Rathi Addition to Income Cash Withdrawn and Re-Deposited in Bank Account Whether Constitutes Income? Akhilesh Kumar Sah Capital Gains Indexation and Conversion of Capital Asset into Stock-in-Trade or Vice Versa Srivatsan Ranganathan Assessment Order Reference to an Incorrect Provision by AO : Whether Beneficial to the Assessee ? Sameer Bhatia Annual Letting Value Municipal Rateable Value as the Benchmark for ALV : Judicial Rejection of Retrospective Rent Estimation in Property Taxation CS. Ayush Rathi Capital Gains To Index or Not To Srivatsan Ranganathan Income from Other Sources Step Brother or Step Sister Whether Relative for Purpose of Section 56(2) CA. Nisha Bhandari Assessment AI-Generated Tax Orders and the Imperative of Minimal Reasoning : A Constitutional and Legal Perspective CS. Ayush Rathi Income Tax View all Snehalkumar Bhogilal Trivedi v. NFAC Section : 270A 143(3) 54F 274 Ahd-Trib -- 26 Aug 2025 Assessee Appeal AllowedI.T.A. No. 740/Ahd/20252025 TaxPub(DT) 5996 (Ahd-Trib) Jayshreeben Jayantibhai Palsana v. ITO Section : 250 143(1) 139(1) 111A 112A 139(5) 87A 143(1)(a) 115BAC(1A) 112A(6) 112/112A 111A) 112A) Ahd-Trib -- 12 Aug 2025 Assessee Appeal AllowedITA No. 1014/Ahd/20252025 TaxPub(DT) 5720 (Ahd-Trib) Janki Wind Farm Developers (P) Ltd. v. ITO Section : 250 154 139(9) 143(1) 119(2)(b) 37 115JB(2) Ahd-Trib -- 12 Aug 2025 Assessee Appeal AllowedITA No. 1000/Ahd/20252025 TaxPub(DT) 5719 (Ahd-Trib) ITO v. Harsha Asheshbhai Patel Section : 147 144 148 144B 69A 69C Ahd-Trib -- 12 Aug 2025 Revenue Appeal Partly AllowedITA No. 1074/Ahd/20252025 TaxPub(DT) 5718 (Ahd-Trib) Unique Mercantile India Ltd. v. Pr. CIT Section : 263 143(3) 32 43(l) 148 Ahd-Trib -- 11 Aug 2025 Assessee Appeal DismissedI.T.A. No. 748/Ahd/20242025 TaxPub(DT) 5715 (Ahd-Trib) Kishore Mohanlal Dingra v. Dy. DIT Section : 250 234A 234B 44AD 143(3) Mum-Trib -- 11 Aug 2025 Assessee Appeal AllowedITA No. 2257/MUM/20242025 TaxPub(DT) 5713 (Mum-Trib)