Updates Income Tax Bill, 2025 The Income-Tax Bill, 2025 CORRIGENDA to The Income-tax Bill, 2025 General FAQs FAQs on Income-tax Bill New Bill 2025 navigator 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... 12-Feb-2025 : By the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Real Estate Regulatory Authority, Punjab (PAN: AAAJR1281N) (hereinafter referred to as “the assessee”), an authority constituted under The Real Estate (Regulation and Development) Act, 2016. - Notification No. 16/2025/F. No. 300195/31/2024-ITA-I 10-Feb-2025 : By the powers conferred by clause (ii) of sub-section (1) of section 35 of the Incometax Act, 1961 (43 of 1961) read with Rules 5C and 5E of the Income-tax Rules, 1962, the Central Government hereby approves ‘Bhaikaka University’ Anand, Gujarat (PAN: AAGAB9280N) for ‘Scientific Research’ under the category of ‘University, college or other institution’. - Notification No. 15/2025/F. No. 203/27/2024/ITA-II 07-Feb-2025 : By the powers conferred by section 285 read with section 295 of the Incometax Act, 1961 (43 of 1961), hereby makes the following amendments in the Income-tax Rules, 1962. - Notification No. 14/2025/F. No. 370142/2/2025-TPL Latest Circulars More... 18-Feb-2025 : Extension of due date for filing of Form No. 56F under the Income-tax Act, 1961 - Circular No. 02/2025 (F. No. 300173/1112025-ITA-I) 21-Jan-2025 : Guidance for Application of the Principal Purpose Test (PPT) under India's Double Taxation Avoidance Agreements - Circular No. 01/2025 (F. No. 500/05/2020/FT&TR-II) 31-Dec-2024 : Extension of Due Date for Furnishing Belated/Revised Return of Income for the Assessment Year 2024-25 in Certain Cases - Circular No. 21/2024 (F. No. 225/205/2024/ITA-II) Latest Orders, Press Release, etc. More... 13-Feb-2025 : Executive Summary on the Comprehensive Simplification of the Income-tax Act,1961 - Press Release, dtd. 13-2-2025 21-Jan-2025 : CBDT Notifies Amendments in Income Tax Rules, 1962 to Prescribe Conditions for Applicability of Presumptive Taxation Regime Under Section 44BBC for Non-Resident Cruise Ship Operators - Press Release, dtd. 21-1-2025 17-Dec-2024 : CBDT Launches Electronic Campaign to Address Income and Transaction Mismatches for FY 2023-24 and FY 2021-22 - Press Release, dtd. 17-12-2024 Latest Articles More... Finance Bill, 2025 TCS Vis-a-Vis Finance Bill, 2025 CA. (Dr.) Nisha Bhandari Finance Bill, 2025 TDS Provisions Vis-a-Vis Finance Bill, 2025 CA. (Dr.) Nisha Bhandari Finance Bill, 2025 Rationalisation of Certain Limits Provided for Determining Value of Perquisite Under Section 17(2) CA. (Dr.) Nisha Bhandari Finance Bill, 2025 Penalty and Prosecution Vis-a-Vis Finance Bill, 2025 CA. (Dr.) Nisha Bhandari Finance Bill, 2025 Withdrawal of amounts from National Savings Scheme Qua Finance Bill, 2025 Sameer Bhatia Finance Bill, 2025 Charitable Trust Vis-a-Vis Finance Bill, 2025 CA. Nisha Bhandari Depreciation Is Depreciation Allowed on Actual Consideration Paid by the Successor? V.K. Subramani Deduction under Chapter VI-A Donation to Political Parties—When Eligible for Deduction Under Section 80GGC CA. Nisha Bhandari Income Tax View all Board of Control for Cricket in India v. Asstt. CIT Section : 12A 253 12AA 12AA(3) 11 Bom-HC -- 18 Feb 2025 Petition DisposedIncome Tax Appeal No. 1041 of 2012 with Writ Petition No. 1898 of 20122025 TaxPub(DT) 1161 (Bom-HC) SFDC Ireland Ltd. v. CIT & Anr. Section : 197 51 35 195 194LB 4 194C 192 237 199 40(a)(i) 9 201 194-E 8 22 34 Del-HC -- 17 Feb 2025W.P. (C) No. 12847/2024 and CM Appl. 53630/20242025 TaxPub(DT) 1160 (Del-HC) Nirmaladevi Shreegopal Kanodia v. ITO Section : 69A 2(40) 143(1) 147 148 151 142(1) 132 132(4) 271(1) Ahd-Trib -- 17 Feb 2025 Assessee Appeal AllowedI.T.A. Nos. 1779 to 1781/Ahd/20242025 TaxPub(DT) 1159 (Ahd-Trib) Laqshya Media Ltd. v. Asstt. CIT Section : 244A 245 Bom-HC -- 17 Feb 2025 Writ Petition No. 5318 of 20242025 TaxPub(DT) 1158 (Bom-HC) Suresh Chhotelal Jaiswal v. ITO Section : 272A(1)(d) 142(1) 144 69A 143(1) 142(2A) Mum-Trib -- 14 Feb 2025 Assessee Appeal AllowedITA No. 6639/Mum/20242025 TaxPub(DT) 1060 (Mum-Trib) Reliance Industries Ltd. v. P.L. Roongta Section : 143 260A 394(2) 2(31) Bom-HC -- 14 Feb 2025 Allowed PetitionWrit Petition No. 772 of 1999 Income Tax Appeal No. 1313 of 2007 With Interim Application (L) No. 2614 of 2025, Income Tax Appeal No. 1380 of 2007 With Interim Application (L) No. 2290 of 2025, Income Tax Appeal No. 970 of 2007 With Interim Applicat2025 TaxPub(DT) 1059 (Bom-HC)