Latest Official Tax (Income Tax + TDS) Updates by CBDT India

Here we have provided complete notifications related to the Income Tax and TDS provisions as per the official government laws. We include all the latest updates in Income Tax and TDS, news, amendments, and circulars on the government portal for your reference.

Introduction of Income Tax

Income Tax is the tax levied by the government on the income earned by an individual in any given previous year. The latest income tax update is charged as a price for utilising the services provided by the government and maintaining them. It is the main source of revenue for the central government.

The main motive of collecting income tax is so that the amount raised by the government can be used for the development of buildings, roads and other infrastructure and development services. Income tax is collected by the central government and distributed to the state governments.

Income tax is managed by the Central Board of Direct Taxes (CBDT) and is governed by the Income Tax Act of 1961. There are six sources of income according to the Indian tax system. Income from salary, income from business or profession, income from capital gains, income from other sources, income from house property, etc.

Different rates of tax apply to different types of income. Some deductions are also provided by the government on income. The taxable income of an individual can be calculated after the deduction of such deductions.

Income tax is charged by the government according to the income earned by the individual. It is levied according to a slab system. In India, two slab systems are working under income tax, namely, the old system and the new system.

The new IT slab system was introduced with the annual Budget for taxpayers. The government has provided an option of choosing between the slab systems to the assessee. An income tax return can be filed online by the individual assessee under forms ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, and ITR-7 according to the source of income of the assessee. The returns can also be filed by an assessee earning below the tax slabs. Non-compliance with the provisions of Income Tax can attract serious penalties, prison, or both.

Tax Deducted at Source (TDS) in India

Tax deducted at source is the tax deducted by the payer before paying the amount to the payee. It is a form of direct tax. It is levied on incomes, dividends, asset sales, rents, and interest payments by the bank.

It is managed by the Central Board of Direct Tax (CBDT) and is governed by the Income Tax Act of 1961. The returns of TDS are to be filed by the assessee every quarter.

The tax is imposed so that the burden of tax to be paid by the assessee at the end of the year is reduced through infractions every month, and the government can earn some revenue beforehand. Different rates of tax apply to different types of transactions. TDS is a form of advance tax. The returns of TDS can be e-filed by the assessee.

Sections 194IA, 194IB, and 194IC of the Income Tax Act, 1961, govern the latest TDS rules for tax deduction on the sale of assets, while Section 302 governs TDS on dividends. If the tax deducted by the employer exceeds the actual liability, the employee can claim a refund.

Non-compliance with the provisions of TDS Updates can attract penalties, prison, or both. Collection of TDS makes sure that there is no tax evasion by any individual, as the employer is responsible for deducting the tax, and the situation of tax evasion is not even possible. The statement of TDS is reflected in Form 26AS of the Income Tax Act, 1961 and can be claimed in the same.

Fill Form for ITR & TDS Compliance Software

Latest Update in Income Tax and TDS

The latest update in Income Tax and TDS via the government has come up with a lot of amendments under different norms, looking at the current situation of the taxpayers/businesses in India. Here is the complete set of the latest Income Tax and TDS Updates amendments, crucial notifications, and announcements made by the government, as well as the important information that every taxpayer must know:

25th September 2025

• The Income Tax Department has extended the due date for filing the tax audit report from 30th September to 31st October 2025. Read Press Release
• Common Offline Utility (ITR-1 to ITR-4) (V1.2.4) is now available on the official portal. Download Now
• ITR-6 Utility (Excel-based, Version 1.2) and Utility (Version 1.1.0) are now available on the e-filing portal. Download Now

22nd September 2025

• The circular no. 13/2025 relates to the waiver of interest payable rebate u/s 115BCA due to late payment in certain cases. Read Circular
• Notification No. 149 /2025/F. No.300196/37/2025-ITA-I. Read Notification
• Notification No. 148 /2025/F. No. 300196/41/2025-ITA-I. Read Notification

22nd September 2025

• The ITR-5 and ITR-7 forms for AY 2025-26 have been enabled for online filing with pre-filled data on the official portal.

19th September 2025

• ICAI has written a request letter to CBDT to extend the ITR filing deadlines for AY 2025-26. Read PDF
• The first version of the ITR-7 utility (V1.1.0) is now available on the official portal. Download Now

16th September 2025

• Notification No. 147/2025/ F. No. 300195/9/2025-ITA-I. Read Notification
• Notification No. 146/2025/ F. No. 300195/40/2024-ITA-I. Read Notification

16th September 2025

• The updated version 1.2.3 of the common offline utility for ITR-1 to ITR-4 is now available on the official portal. Download Now
• The updated Excel-based utility for ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, and ITR-7 has been released.

15th September 2025

• The Income Tax Department has extended the ITR filing deadline for FY 2025-26 from 15th September to 16th September 2025. read more

11th September 2025

• ICAI CIRS has requested to extend the due date for filing ITR and tax audit reports until 31st December 2025. View More

6th September 2025

• CBDT has issued an offline utility for the ITR-5 form for AY 2025-26. Download Now
• Excel-based utilities for the revised submission of ITR-5, ITR-6, and ITR-7 for the assessment years 2021–22 and 2022–23 are now available on the tax portal. read more

05th September 2025

• CBDT Circular No. 11 relates to the extension of the tax exemption deadline to March 2025 under Section 10, Clause (23FE). Read Circular

03rd September 2025

• Notification No. 145/2025/F. No. 196/90/2024-ITA-I for the Central Board of Secondary Education. Read Notification
• Notification No. 144/2025/F. No. 300196/15/2019-ITA-I for the Maharashtra State Pharmacy Council. Read Notification
• Notification No. 143/2025/F. No. 300196/12/2025-ITA-I for the Commissioners of the Rabindra Setu. Read Notification
• Notification No. 142/2025/F. No. 300195/16/2024-ITA-I for the Lucknow Development Authority. Read Notification

02nd September 2025

• Income Tax (25th Amendment) Rules, 2025, related to the extension of the six-year period under clause (23FE) of section 10. Read Notification
• The IT form 10A condonation of delay u/s 12A is now enabled at the e-filing portal.

01st September 2025

• The Income Tax F.No. PCCIT(I)/Notification u/s 35(1)(iia)/01/2025/1912 relates to M/s IIT Madras Research Park. Read Notification

29th August 2025

• The latest version (1.1) of the ITR-5 Excel-based utility is now available on the official e-filing portal. Download Now

28th August 2025

• The IT department has released the first version of the MAC utility for the common offline filing of ITR-1 to ITR-4. Download Now

27th August 2025

• The ITR-1 to ITR-4 common offline utility (version 1.2.2) is now available on the official portal. Download Now

25th August 2025

• CBDT Notification No. 139/2025/F. No. 300196/6/2025-ITA-I pertains to the Credit Guarantee Fund Trust for Animal Husbandry and Dairying. Read Notification
• Income Tax Notification No. 138/2025/F. No. 300196/87/2024-ITA-I relates to the tax exemption for the Karnataka State Building & Other Construction Workers’ Welfare Board. Read Notification

22nd August 2025

• The ITR-7 Excel-based utility, JSON schema, and validation have also been released on the official portal. Download now
• Income Tax Notification No. 137/2025/F. No. 300195/25/2024-ITA-I, related to the Kanpur Development Authority. Read notification
• The Income Tax Department has released the 24th Amendment Rules, 2025, via Notification No. 136/2025/F. No. 370142/29/2025-TPL. Read PDF

21st August 2025

• Income-tax (23rd Amendment) Rules, 2025, via Notification No. 135/2025/F. No. 370142/33/2025-TPL, for Form No. 10CCF of the Income-tax Rules, 1962. Read Notification

20th August 2025

• Income Tax Notification No. 134/2025/F. No. 196/86/2024-ITA-I pertains to the Tamil Nadu Electricity Regulatory Commission. Read PDF

19th August 2025

• Income-tax (22nd Amendment) Rules, 2025, published via Notification No. 133/2025/F. No. 370142/27/2025-TPL. Read Notification

16th August 2025

• New Excel utilities for updated returns in ITR-3 and ITR-4 for AYs 2021-22 and 2022-23 are now available for filing. Click here

14th August 2025

• The Income Tax Department has released a new Excel-based and JSON utility for ITR-6. Download now
• The IT department has released a new validation utility for the ITR 5 form. Download Now
• A new form schema for a common offline utility for Form 3CA-3CD and 3CB-3CD. Read More
• CBDT Notification No. 132/2025/F. No. 370142/34/2025-TPL relates to the updated Form No. 7, which now requires information on the Assessment Year and the Block Period. The changes will take effect from September 1, 2025. read more

13th August 2025

• A new Bill, No. 107 of 2025, has been introduced in the Lok Sabha to amend the Insolvency and Bankruptcy Code, 2016. read pdf

11th August 2025

• The Income Tax Bill 104 OF 2025; The Taxation Laws Amendment Bill. Read Bill

11th August 2025

• The Income Tax Department has released the updated Excel-based utility (V1.0) and JSON schema for the ITR-5 form. Download now

08th August 2025

• Income tax Notification No. 130 /2025/F. No. 300195/34/2024-ITA-I(Part) related to the Uttarakhand Pollution Control Board. Read Notification

02nd August 2025

• Notification No. 129/2025 for West Bengal Municipal Development Fund Trust
• Notification No. 128/2025 for All India Council for Technical Education
• Notification No. 127/2025 for Haryana State Pollution Control Board

31st July 2025

• The ITR-3 offline and online utilities for AY 2025–26 are now available for filing on the official e-filing portal. Download Now
• The IT Department has released the latest version of the utility and JSON schema for ITR-1 to ITR-4

29th July 2025

• The Excel-based utility for filing updated ITR-1 and ITR-2 returns for AY 2021-22 and 2022-23 is now available for filing. Click to see more
• Income Tax Circular No. 10/2025 relates to providing relief to taxpayers by extending the time limit for processing electronically filed income tax returns that were incorrectly marked as invalid by the CPC. Read Circular
• Income Tax Notification F. No. 370142/26/2025-TPL related to Twentieth Amendment Rules 2025. Read Notification

28th July 2025

• The Excel-based utility for ITR-3 (Version 1.1) is now available on the official website. Download now

25th July 2025

• Income Tax Notification No. 125/2025/F. No. 203/38/2024/ITA-II for IQRAA International Hospital And Research Centre. Read Notification
• Income tax notification no. 124/2025/F. No. 203/39/2024/ITA-II for Social Science for Statistical Research. Read Notification

23rd July 2025

• Income Tax Notification No.123/2025/F. No. 300196/14/2024-ITA-I Read Notification
• Income Tax Notification No.122/2025/F. No. 300196/18/2019-ITA-I Read Notification
• Income Tax Notification No.121/2025/F. No. 300195/46/2024-ITA-I Read Notification
• Income Tax Notification No.120/2025/F. No. 300195/1/2024-ITA-I Read Notification

22nd July 2025

• The notification no.119 /2025/F. No. 300196/18/2017-ITA-I/Part-II for Andhra Pradesh Pollution Control Board. Read more
• Circular No. 09/2025 clarifies TDS/TCS norms and offers relief for inoperative PANs linked with Aadhaar. Read the full circular

18th July 2025

• The Income Tax Department has enabled the revised tax audit forms 3CA-3CD and 3CB-3CD with form utility and form schema on the e-filing portal.
• ITR-2 is now enabled for online filing with prefilled data on the e-filing portal. Read PDF
• Income Tax Notification No. 117/2025/F. No. 149/144/2015-TPL-Part(2). Read PDF
• Notification No. 116 /2025/F. No. 300195/24/2024-ITA-I. Read PDF
• Taxpayers can now file ITR-2 using the prefilled data on the official 2.0 portal.

15th July 2025

• The IT Department has shared a press release related to targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in ITRs. Read Press Release
• The Income Tax Notification No. 115/2025/F. No. 300196/64/2018-ITA-I(Part-1) relates to the ‘District Legal Service Authority’. Read PDF
• The IT Notification No. 114/2025/F. No. 196/23/2014-ITA-I(Pt 1) for Baddi Barotiwala Nalagarh Development Authority. Read PDF

14th July 2025

• The Sovereign Wealth and Pension Funds get tax relief extension from CBDT till 31st March 2030. Read PDF

11th July 2025

• The ITR-2 and ITR-3 forms for AY 2025-26 are now available for filing on the official website. Download Now
• The latest validations for ITR-1 and ITR-4 for AY 2025-26 are now available.
• The Income Tax Department has granted an exemption to the Indian Renewable Energy Development Agency. Read Notification

08th July 2025

• The Income Tax Department has granted an exemption to the Rajasthan Housing Board via Notification No. 72/2025/F. No. 300195/8/2024-ITA-I. Read Notification

04th July 2025

• The ITR-B form is now enabled on the e-filing portal for those who receive a notice under Section 158BC. View More

03rd July 2025

• The Central Government has granted an exemption on specified incomes to the Karnataka State Pollution Control Board, Bengaluru, via Notification No. 71/2025. Read PDF

02nd July 2025

• ITR-1 and ITR-4 Excel-based Utility (Version 1.1) have been released on the official e-filing portal.
• The Income-tax Notification No. 70/2025/F.No.370142/24/2025-TPL relates to the explanation of Section 48 of the Income-tax Act. Read PDF
• CBDT clarification on Circular No. 5/2025 regarding waiver of interest under Section 201(1A)(ii)/206C(7) of the Income-tax Act, 1961, in specific cases. Read Circular

30th June 2025

• The Cabinet Committee has approved the re-appointment of Ravi Agrawal as the new Chairman of the Central Board of Direct Taxes (CBDT). View more

27th June 2025

• The Notification No. 69/2025/F. No. 501/6/1991-FTD-II to Avoid Double Taxation and Prevent Fiscal Evasion Related to Income Taxes. Read PDF
• An updated list of banks for the e-Pay Tax service on the e-Filing portal is now available. View List

26th June 2025

• CBDT Circular No. 07/2025 relates to the relaxation of the time limit for processing conditionally accepted ITRs filed under Section 119(2)(b). Read Circular
• The IT Notification No. 68/2025/F. No. 300195/12/2025-ITA-I pertains to the Food Safety and Standards Authority of India. Read Notification

25th June 2025

• Income tax Notification No. 67 /2025/ F. No. 275/38/2025-IT(B). Read Notification

23rd June 2025

• The CBDT has released comprehensive guidelines outlining the mandatory criteria for selecting income tax returns for full scrutiny in the Financial Year 2025–26. Read Guidelines

20th June 2025

• Income Tax Notification No. 66/2025/F. No. 300196/33/2012-ITA-I Read Notification
• Income Tax Notification No. 65/2025/F. No. 300196/4/2019-ITA-I. Read Notification
• Income Tax Notification No. 63/2025/F. No. 300195/32/2024-ITA-I. Read Notification
• Income Tax Notification No. 62/2025/F. No.300195/55/2024-ITA-I. Read Notification

18th June 2025

• The Income Tax Notification No. 61/2025/F. No. 300195/4/2024-ITA-I for the Puducherry Planning Authority. Read PDF

17th June 2025

• The CBDT has granted retrospective tax exemption to Haryana RERA, Gurugram, under Section 10(46) of the Income Tax Act via Notification No. 57/2025/F. No. 300196/35/2022-ITA-I. View more
• The Income Tax Department has issued Notification No. 58/2025/F. No. 196/25/2015-ITA-I, granting tax exemption with retrospective effect to the Treasurer, Charitable Endowments, Haryana, under Section 10(46) of the Income Tax Act. View more
• CBDT Notification No. 59/2025/F. No. 300196/06/2019-ITA-I relates to the tax exemption granted to the HP Board of School Education under Section 10(46). View more
• The Income Tax Notification No. 60/2025/F.No.300195/17/2025-ITA-I related to the Karnataka Electricity Regulatory Commission. Bengaluru View more

16th June 2025

• Registering an individual PAN on the Income Tax portal now requires Aadhaar-based OTP verification. View more

12th June 2025

• Common Offline Utilities (version 1.1.0) for ITR-1 and ITR-4 Forms for AY 2025-26 are functional for e-filing. download now

11th June 2025

• CBDT permits processing of pending ITRs for AY 2023–24 till 30th November 2025 under Section 143(1). Read PDF

05th June 2025

• CBDT issues Notification No. 54/2025 (F. No. 225/213/2024/ITA-II) regarding the sharing of tax information for Maharashtra’s girl child scheme. Read PDF

04th June 2025

• The IT department has enabled the online mode with pre-filled data for ITR-1 and ITR-4 forms for AY 2025–26.

03rd June 2025

• For IT Forms 64A and 64E for AY 2025–26, the due date for submission has been preponed to 15th June 2025. View more

02nd June 2025

• Notification No. 53
• Notification No. 51
• Notification No. 50

30th May 2025

• The ITR-1 and ITR-4 schema, validations, and Excel utilities for AY 2025-26 are now available for filing. Download Now

27th May 2025

• The Central Board of Direct Taxes (CBDT) has announced that the deadline for submitting Income Tax Returns (ITRs) that were originally due by July 31, 2025, has been extended. You now have until September 15, 2025, to file these returns. read more

20th May 2025

• The revised ITR-U form for filing an updated return under section 139(8A) has been notified through Notification No. 49/2025 via the 19th Amendment Rules. Read PDF

14th May 2025

Income Tax Notification No. 47/2025 (F. No. 300196/11/2023-ITA-I) pertains to the approval of tax exemption for the Telangana State Pollution Control Board under Section 10(46). Read PDF

12th May 2025

The ITR-7 form for AY 2025-26 has been notified under the Income Tax (18th Amendment) Rules, 2025, through Notification No. F.No. 370142/18/2025-TPL. Read PDF

8th May 2025

• The CBDT has announced new versions of the ITR-V and acknowledgement forms. Read PDF

07th May 2025

• The ITR-6 form for AY 2025–26 has been notified by the IT Department via the 16th Amendment Rule, 2025. View more

05th May 2025

• The Income Tax Department has notified the 15th Amendment Rules, 2025, related to the ITR-2 form for AY 2025–26. Read the PDF
• The ITR-5 form for AY 2025–26 has been notified by the IT Department via Notification F. No. 370142/17/2025-TPL under the 14th Amendment Rules, 2025. Read PDF

02nd May 2025

• The ITR-3 form for AY 2025-26 has been notified via the Income-tax (13th Amendment) Rules, 2025, through Notification No. 41/2025 [F.No. 370142/14/2025-TPL]. Read more

30th April 2025

• The ITR-1 and ITR-4 forms for A.Y. 2025–26 have been released via the Twelfth Amendment Rules, 2025, through Notification No. 40/2025. Read PDF

25th April 2025

• CBDT notification No. 39/2025/F. No. 300196/94/2024-ITA-I for Mysore Palace Board. Read PDF
• The Income Tax Notification No. 38/2025/F. No. 370142/11/2025-TPL pertains to the expenditure incurred for settling initiated proceedings. Read PDF

23rd April 2025

• The Income-tax (11th Amendment) Rules, 2025, pertain to the mandate for applying TCS on various luxury goods. Read PDF
• Notification No. 37/2025/F. No. 300195/61/2024-ITA-I relates to the National Mission for Clean Ganga. Read PDF
• Income-tax Notification No. 36/2025/F. No. 370142/11/2025-TPL pertains to the collection of tax on goods valued at more than ten lakh rupees. Read Notification

18th April 2025

• The new portal enables the filing of Form 10AB condonation requests related to Section 12A, following the Finance Act (No. 2), 2024. Refer to the proviso to clause (ac) of Section 12A(1) of the Income Tax Act.
• Notification No. 34/2025/F. No. 300164/2/2024-ITA-I relates to the Housing and Urban Development Corporation Ltd under Section 2(48). Read PDF
• Income Tax Notification No. 33/2025/F. No. 203/33/2024/ITA-II pertains to the KIMS Foundation and Research Centre, Hyderabad. Read PDF

09th April 2025

• CBDT issues Notification No. 30/2025, introducing the Tenth Amendment Rules, which include the release of the new ITR-B form for block assessments in search and seizure cases. Read the notification
• CBDT announces that the last date to file under the Vivad se Vishwas Scheme is 30th April 2025. Read Notification
• Income Tax Notification No. 31/2025 [F. No. 225/06/2024/ITA-II] relates to the Housing and Urban Development Corporation Limited (HUDCO). Read Notification
• Notification No. 28/2025 [F. No. 300195/3/2024-ITA-I] pertains to the Punjab Regional and Town Planning and Development Act. Read Notification
• Excel Based ITR-3 (V1.12) and ITR-6 (V1.9) Utility includes filing u/s 139(8A)  Download Now

07th April 2025

• Excel Based ITR-2 Utility (Version 1.12) includes filing u/s 139(8A), Download Now

07th April 2025

• The CBDT has notified Notification No. 27/2025, an exemption from TDS on withdrawals from the National Savings Scheme (NSS) under Section 194EE. Read more

04th April 2025

• “Notification u/s 139AA of the Income Tax Act, 1961 regarding Intimation of Aadhaar Number” Read PDF
• The Income Tax Notification No. 25/2025/F. No. 370142/1/2025-TPL introduces the ninth amendment rules for section 139AA. Read PDF

03rd April 2025

• The CBDT Notification No. 124/2024, F. No. 370142/13/2024-TPL(Part), related to Form 3CEFC, is now available for filing on the e-filing portal. Read PDF

31st March 2025

• Due to tech issues, the Income Tax Department has granted an interest waiver on delayed TDS/TCS payments. Read Circular
• The JSON Schemas for ITR-2 and ITR-6 are now available on the official e-filing portal. Download Now
• The Notification No. 24 /2025/F. No. 300196/61/2024-ITA-I for the Karnataka Urban Water Supply and Drainage Board Act, 1973. Read PDF
• The Income Tax Notification No. 23/2025/F. No. 370142/10/2025-TPL introduces the Eighth Amendment Rules for Section 44AB and Section 295. Read PDF

28th March 2025

• The IT Notification [No. 22/2025/F. No. 370142/08/2025-TPL], Seventh Amendment Rules, 2025, relates to the TDS payment on the salary of a firm’s partner under Section 194T. Read Notification

27th March 2025

• The Excel-based utilities for ITR-1, ITR-2 and ITR-5 are now available on the official e-filing portal.

26th March 2025

• The notification F. No. 370142/6/2025-TPL, related to the Sixth Amendment Rules, 2025, for Safe Harbour Rules under Section 92CB for AY 2025-26. Read notification

25th March 2025

• The IT department has released additional FAQs regarding the new Finance Bill, 2025. Read PDF

21st March 2025

• The e-pay tax option is listed in the sidebar menu on the official portal. View More

19th March 2025

• The IT department has introduced a utility on the e-filing portal to collect suggestions for the new Income Tax Bill, 2025. Read more.

• Now, individuals and HUFs can download the updated ITR-3 (V1.11) Excel-based utility from the official website. Download Now

18th March 2025

• Important FAQs on the compounding of offences are available on the official e-filing portal via Circular No. 04/2025. Read the Circular

11th March 2025

The IT department invites suggestions for simplifying Income Tax Rules and Forms. Read the PDF

07th March 2025

• The Income Tax Notification No. 18/2025, F. No. 196/46/2012-ITA-I, for the Delhi Building and Other Construction Workers Welfare Board. read more

05th March 2025

• The updated list of banks for the e-Pay tax service is now available on the government’s ITR e-filing portal. Read PDF

28th February 2025

• Uploading of information on the CRIU/VRU functionality for the implementation of Risk Management Strategy (RMS). Read more
  • F. No. 299/44/2022-Dir (Inv. IIIV1264 dated 12.01.2024
  • F. No. 225/135/2021/1TA-IIPart-I) dated 11.01.2023

26th February 2025

• The CBDT has issued Notification No. 17/2025 related to the Income-tax (Fifth Amendment) Rules, 2025. Read More

21st February 2025

• The IT Circular No. 03/2025 relates to the tax rate deduction from salaries under Section 192 for FY 2024-25. Read Circular

19th February 2025

• The deadline for filing Form 56F has now been extended until March 31, 2025, for AY 2024-25 under Section 44AB. Read Circular

18th February 2025

• ICSI, in alignment with ICMAI, requested FM for the inclusion of CS within the definition of ‘Accountant’ in the New I-T Bill 2025. read more

13th February 2025

• Income Tax Bill 2025: The CBDT has introduced a new overview highlighting the simplification of the Income Tax Act of 1961. read more

12th February 2025

• CBDT Notification No. 16/2025/F. No. 300195/31/2024-ITA-I for Real Estate Regulatory Authority, Punjab. Read more

10th February 2025

• CBDT [Notification No. 15/2025/ F. No. 203/27/2024/ITA-II], in the exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the IT Act, 1961 (43 of 1961), along with Rules 5C and 5E, has issued the following notification. Read More
• The Income Tax Department has released a direct tax collections report for F.Y. 2024-25 as of 10.02.2025. See Here

07th February 2025

• Income Tax (Third Amendment) Rules, 2025: New Guidelines for Establishing an Infrastructure Debt Fund for Exemption Under Clause (47) of Section 10. Read More
• The CBDT has issued Notification No. 14/2025 related to the Income-tax (Fourth Amendment) Rules, 2025. read more

05th February 2025

• Excel-based includes filing u/s 139(8A) for ITR-2, ITR-3 and ITR-4. Download Now

30th January 2025

• The IT notification no. 12/2025/F. No. 225/235/2024/ITA-II for the Joint Secretary to Government of India, DFPD and Ministry of Consumer Affairs, Food & Public Distribution. Read PDF

29th January 2025

• The notification [F. No. N-24015/4/2024-CC] for protected systems under subsections (1) and (2) of Section 70 of the IT Act. Read PDF
• The IT notification No. 11/2025 [F. No. 203/24/2024/ITA-II] for the exemption of ‘Shri Chaitanya Health and Care Trust’ (PAN: AABTS6166N) for its unit ‘Bhaktivedanta Hospital & Research Institute.’ Read PDF
• The Income Tax (Second Amendment) Rule provides an explanation for Clause 4D, 23FB of Section 10, and Section 94B of the IT Act, 1961. Read PDF

23rd January 2025

• Income Tax Circular No. 01/2025 provides updated guidance on the application of the Principal Purpose Test (PPT) under DTTAs. Read PDF

22nd January 2025

• The Income First Amendment Rules, 2025, pertain to the operation of cruise ship businesses under Section 44BBC. Refer to the Notification

21st January 2025

• The CBDT Order No. 8/2025 (F. No. 370153/01/2025-TPL) under the Direct Tax Vivad se Vishwas Scheme, 2024, pertains to cases of eligibility pending as of 22.07.2024. Please read the Order

17th January 2025

• The updated version of the JSON Schema for ITR-5, ITR-6, and ITR-7 is now available on the official portal.

16th January 2025

• The Notification No. 07/2025 (F. No. 203/20/2024/ITA-II) has been issued for the Central Power Research Institute (CPRI) concerning scientific research. Read PDF
• The latest versions of the JSON schema and Excel-based utility for ITR-1, ITR-2, ITR-3, and ITR-4 are now available on the e-filing portal.

10th January 2025

• “An Updated return can be furnished u/s 139(8A) of the Income Tax Act 1961 by any person, whether or not he has furnished a return under sub-section (1) or sub-section (4) or sub-section (5),” read more

09th January 2025

• Common Offline Utility: Version (V1.1.11) for ITR 1 to ITR 4.

08th January 2025

• The Income Tax Notification No. 6/2025/F. No. 275/108/2024-IT(B) pertains to Form 1A for Units of International Financial Services Centres (Buyer and Seller). [Read PDF]

06th January 2025

• Notification No. 4/2025, F. No. 196/1/2023-ITA-I, relates to granting a tax exemption for Rabindra Setu under Income Tax Section 10(46). Read PDF
• The IT Notification No. 5/2025 relates to granting a tax exemption to the Karnataka State Horticulture Development Agency. Read PDF

03rd January 2025

• The step-by-step guide for Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA). Read more
• The IT notification no. 3/2025/F. No. 275/109/2024-IT(B) related to the non-deduction of tax shall be made under the provisions of section 194Q. read more
• The income tax notification F. No. 1/2025/F.No. 275/110/2024-IT(B) for National Credit Guarantee Trustee Company Limited. Read more

02nd January 2025

• The Income Tax Department has released new Excel-based utilities for ITR 1, 4, 5, 6, and 7.

Income Tax Updates in 2024, 2023, 2022, 2021 and 2020

• Click for 2024
• Click for 2023
• Click for 2022
• Click for 2021
• Click for 2020