Income Tax News
FM Sitharaman Open to Hearing Views on LTCG Tax Removal Ahead of Budget 2027-28
14 October 2026 at 09:23Finance Minister Nirmala Sitharaman is open to hearing views on LTCG tax removal and STT ahead of Budget 2027-28. Know the current tax rules and investor expectations.
CBDT Revises Form 161 for Penalty Waiver Applications Under Income Tax Act 2025
10 October 2026 at 09:04CBDT revises Form 161 under the Income-tax Rules, 2026, for penalty waiver applications under Section 440(2) of the Income-tax Act, 2025.
NCERT Class 9 Textbook Adds Personal Income Tax Chapter, Teaches Budgeting, Saving and Investing
02 October 2026 at 06:44NCERT has introduced personal income tax in the Class 9 curriculum, covering the new tax regime, tax slabs, budgeting, saving, fixed deposits, stocks and mutual funds.
CBDT Revises Administrative Subordination of Income Tax (Appeals) Authorities under IT Act 2025
01 October 2026 at 09:16The Central Board of Direct Taxes (CBDT) has issued a notification revising the administrative subordination of Joint Commissioners of Income-tax (Appeals) and Additional Commissioners of Income-tax (Appeals).The change has been notified under the In
Income Tax Department Searches Bollywood-Linked Premises Over Alleged Overseas Fund Transactions
29 September 2026 at 09:26Income Tax Department searches 12 Mumbai locations linked to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios over alleged overseas fund transactions.
CBDT Extends Tax Audit Due Date for AY 2026-27 to 21st October 2026; ITR Deadline Moved to 21st November
28 September 2026 at 16:33CBDT extends the tax audit report due date to 21st October 2026 and the ITR filing deadline to 21st November 2026 for eligible taxpayers.
Tamil Nadu BJP Professional Cell Seeks Tax Audit Due Date Extension to 31st October 2026
28 September 2026 at 09:12Tamil Nadu BJP Professional Cell submits representation to FM Nirmala Sitharaman and CBDT seeking extension of the tax audit due date for AY 2026-27 from September 30 to October 31, 2026.
Supriya Sule Urges FM Sitharaman to Extend Tax Audit Due Date for AY 2026-27
28 September 2026 at 08:53Supriya Sule urges Finance Minister Nirmala Sitharaman to extend the September 30 tax audit deadline for AY 2026-27, citing GST, TDS, portal issues and bank strike concerns.
MP High Court Petitions Challenge AY 2026-27 Tax Audit Deadline
26 September 2026 at 09:38MP High Court petitions challenge the AY 2026-27 tax audit deadline, raising concerns over compliance timelines and seeking relief for taxpayers and professionals.
ICAI Delegation Meets CBDT Member Vatsala Jha, Raises Tax Audit Deadline Concerns
26 September 2026 at 09:09ICAI delegation meets newly appointed CBDT Member Vatsala Jha to discuss tax audit deadline concerns, pending audits and challenges faced by Chartered Accountants.
Popular News
- Central Excise Duty Rates Revised: Rs 16 and Rs 10.5 Per Litre Effective 1st October 2026
- ICAI Issues New Tender Guidelines for Practising CAs, Bars Bids Without Minimum Fees
- CBDT Revises Form 161 for Penalty Waiver Applications Under Income Tax Act 2025
- CBDT Revises Administrative Subordination of Income Tax (Appeals) Authorities under IT Act 2025
- GST Return Reforms: New ITC Reconciliation Mechanism Proposed from April 2027
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
