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... 09-Jul-2025 : Section- 54EC- Indian Renewable Energy Development Agency (IREDA) as Long-Term Specified Asset - Notification No. 73/2025/F. No. 225/192/2023, dt. 09-07-2025 07-Jul-2025 : Section- 10(46)- Exemption to specified income of Notified Body/Authority/Board/Trusts/Community 'Rajasthan Housing Board', Dated: 07-07-2025 - Notification No. 72/2025/F. No. 300195/8/2024-ITA-I, dt. 07-07-2025 02-Jul-2025 : Section- 10(46)- Exemption to specified income of Notified Body/Authority/Board/Trusts/Community ' 'Karnataka State Pollution Control Board' , Bengaluru, Dated: 02-07-2025 - Notification No. 71 /2025/F. No. 300196/29/2024-ITA-I, dt. 02-07-2025 Latest Circulars More... 01-Jul-2025 : Clarification regarding CBDT's Circular No. 5/2025 dated 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. F. No. 275/92/2024-IT (B), dt. 01-07-2025 25-Jun-2025 : Relaxation of time limit for processing of valid returns of income filed electronically pursuant to order u/s 119(2)(b) of the Income-tax Act,1961 passed by Competent Authority-reg. - Circular No. F. N o.225/30/2025/IT A-II, dt. 25-06-2025 13-Jun-2025 : Section 143—Scrutiny Assessment—Guidelines For Compulsory Selection of Returns for Complete Scrutiny During Financial Year 2025-26—Procedure for Compulsory Selection in Such Cases - Circular, dtd. 13-6-2025 [F. No. 225/37/2025/ITA-I] Latest Orders, Press Release, etc. More... 04-Jul-2025 : Tax benefits available under NPS shall apply mutatis mutandis to UPS - Press Release, dt. 04.07.2025 17-Jun-2025 : Order under section 138(1)(a) of the Income-tax Act, 1961 - Order, dt.17.06.2025 [F. No. 225/305/2016-ITA-.II] 09-Jun-2025 : Order u/s 119(2)(a) of the Income-tax Act,1961 regarding processing of returns filed u/s 139 of the Income-tax Act, 1961 beyond the prescribed time limit- reg. - Order, dt. 9-06-2025 [F. No.225/205/2024/ITA-II] Latest Articles More... Business Disallowances Failure to Deposit TCS Whether Attracts Disallowance Under Section 43B CA. Nisha Bhandari Income Tax Proceedings Is Cross Examination is Absolute Right at the Time of Income Tax Proceedings CA. Sanjeev Goyal Return of Income Changes in New ITR Forms for the Assessment Year 2025-26 Ayush Rathi House Property Not All Co-Owners Are Taxpayers : Unmasking the Beneficial Owner in House Property Cases Ayush Rathi Survey No addition On the Basis of Third Party Statements only Without Any Corroborative Evidence Akhilesh Kumar Sah Undisclosed Income Levy of Penalty on Undisclosed Income Found During the Search : A Most Recent Ruling of Supreme Court Akhilesh Kumar Sah Income from Undisclosed Sources Black Money in Balance Sheets CA. Sanjeev Goyal Capital Gains Capital Gain Provisions for Assessment Year 2025-26 CA. Mamta Choudhary Income Tax View all TTEC India Customer Solutions (P) Ltd. v. Pr. CIT Section : 263 143(3) 144B 143(2) 142(1) 80G 37(1) 263(1) 90 115BAA 90(1)(a) 80G(5) Ahd-Trib -- 04 Jul 2025 Assessee Appeal AllowedITA No. 1026/Ahd/20252025 TaxPub(DT) 4722 (Ahd-Trib) ACIT v. MCFILLS Enterprises (P) Ltd. Section : 37(1) 43(1) 2(1B) 32(1) 43(6) 2(18) 36(1)(va) 143(1) 143(2) 142(1) 43(6)(c) 55(2)(a) Ahd-Trib -- 04 Jul 2025ITA Nos. 401 & 402/Ahd/20222025 TaxPub(DT) 4721 (Ahd-Trib) Jhaveri Trading & Investment (P) Ltd. v. DCIT Section : 148 143(3) 153C 147 69 151 143(2) 142(1) 131 Ahd-Trib -- 04 Jul 2025 Assessee Appeal AllowedITA No. 9/Ahd/20242025 TaxPub(DT) 4720 (Ahd-Trib) Charotar Gas Sahkari Mandali Ltd. v. Dy. CIT Section : 271(1)(c) 143(3) 37 43B 43B(d) 154 Ahd-Trib -- 04 Jul 2025 Assessee Appeal AllowedITA No. 247/Ahd/20252025 TaxPub(DT) 4719 (Ahd-Trib) Bakeri Projects (P) Ltd. v. DCIT Section : 263 143(3) 144B 142(1) 80IBA 154 143(2) Ahd-Trib -- 04 Jul 2025 Assessee Appeal AllowedITA No. 954/Ahd/20252025 TaxPub(DT) 4718 (Ahd-Trib) Srinivas Reddy Mereddy v. DCIT Section : 131 69A 144 250 139 132(2) 139(4) Hyd-Trib -- 03 Jul 2025 Assessee Appeal Partly AllowedITA No. 48/Hyd/20252025 TaxPub(DT) 4616 (Hyd-Trib)