Category: INCOME TAX

Tax Treatment under Unified Pension Scheme: Railway Board Order RBE No. 90/2025
Tax Treatment under Unified Pension Scheme: Railway Board Order RBE No. 90/2025 dated 28.08.2025
RBE No.90/2025.
GOVERNMENT OF INDIA (BHARAT SARKAR) [...]

THE INCOME-TAX ACT, 2025 Bill No. 30 of 2025 dated 21.08.2025
THE INCOME-TAX ACT, 2025 Bill No. 30 of 2025 dated 21.08.2025 come into force on the 1st April, 2025 issued by Ministry of Law and Justice, Legislat [...]

Income tax (Twenty Second Amendment) Rules, 2025 – ₹4 Lakh/₹8 Lakh – The New Perquisite Tax Thresholds: Notification
Income tax (Twenty Second Amendment) Rules, 2025 - ₹4 Lakh/₹8 Lakh - The New Perquisite Tax Thresholds: Notification dated 18.08.2025. It introduces t [...]

Income Tax Exemptions and Liabilities of serving and retired personnel from the Defence Forces, CAPFs, Paramilitary Forces etc.
Income Tax Exemptions and Liabilities of serving and retired personnel from the Defence Forces, CAPFs, Paramilitary Forces, and other security agencie [...]

Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC: IT Circular No. 10/2025
Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC: IT Circular No. 10/2025 d [...]

Consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962 – Partial Modification: IT Circular No. 9/2025
Consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962 - Partial Modification of Circular No. 3 of 2023 dated 28.03 [...]

Tax Treatment under Unified Pension Scheme – Central Board of Direct Taxes O.M.
Tax Treatment under Unified Pension Scheme - CBDT O.M. dated 02.07.2025 forwarded by Department of Financial Services vide O.M. No. FX-11/16/2025-PR d [...]

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: IT Circular No. 8/2025
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: IT Circular No. 8/20 [...]

Processing of valid Income Tax returns filed electronically on or before 31.03.2024 and relaxation of time limit upto 31.03.2026 for sending intimation: IT Circular No. 07/2025
Processing of valid Income Tax returns filed electronically on or before 31.03.2024 and relaxation of time limit upto 31.03.2026 for sending intimatio [...]

Return of income for the Assessment Year 2025-26 (F.Y. 2024-25) – Extension of due date upto 15.09.2025: Income Tax Circular No. 06/2025
Return of income for the Assessment Year 2025-26 (F.Y. 2024-25) - Extension of due date upto 15.09.2025 for furnishing of return: Income Tax Circular [...]
