Income Tax News

Form FN 110 Filing Made Mandatory for NGOs Altering Accumulation Plans

10 April 2026 at 09:13

New Income Tax Form FN 110 explained: What every non-profit organisation needs to know about changing accumulation purpose under IT Act 2025

Posted in Income Tax | 1 comments | 2088 Views

New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors

10 April 2026 at 09:13

India's new Income Tax Rules 2026 make PAN, AIN, CIN and proof documents mandatory in TAN applications. Form 49B is gone - here's what your organisation needs to update immediately.

Posted in Income Tax | 1 comments | 7503 Views

New Form 121 Allows Eligible Taxpayers to Avoid TDS on Certain Incomes Under Section 393(6)

09 April 2026 at 10:20

Form No. 121 under Section 393(6) enables eligible taxpayers to receive specified incomes without TDS. Learn eligibility, filing process, conditions and compliance requirements.

Posted in Income Tax | 1 comments | 5400 Views

IT Act 2025: Form 32 Filing Mandatory Before Audit Due Date for Key Deductions

09 April 2026 at 10:20

Form 32 under the Income-tax Act 2025 replaces Form 10CCB and is mandatory for claiming deductions under Sections 46 to 144. Check eligibility, due date, and key compliance rules for startups, SEZs and infrastructure businesses.

Posted in Income Tax | 1 comments | 8370 Views

CBDT Revises Form 49B: New Rules for TAN Application

09 April 2026 at 10:20

Stay updated with the latest changes in Form 49B for TAN application in 2026. Know revised requirements, filing process, and compliance impact for deductors under Income Tax laws.

Posted in Income Tax | 1 comments | 4575 Views

Foreign Remittance Compliance 2026: New Form 15CA & 15CB Rules Simplified

08 April 2026 at 09:25

The Income Tax Department has introduced revised formats for Form 15CA and Form 15CB to streamline foreign remittance reporting. Explore key changes, structure, documentation and compliance requirements in this detailed guide

Posted in Income Tax | 1 comments | 9981 Views

Income Tax Department Launches New Utilities to Compare Rules 1962 vs Rules 2026 & Forms Mapping Tool

07 April 2026 at 09:09

The Income Tax Department has launched new utilities to compare Income Tax Rules 1962 with Rules 2026 and map old forms with new ones. These tools aim to simplify compliance under the Income Tax Act 2025 effective from April 1, 2026.

Posted in Income Tax | 1 comments | 6231 Views

New Income Tax Form 104 Replaces Form 10A: Auto-Fill, Fewer Documents, Faster Approval for Trusts

07 April 2026 at 09:06

The revamped Form No. 104 features auto-population of taxpayer data, reduced document requirements and risk-based information collection, making registration smoother for trusts and NGOs in India.

Posted in Income Tax | 1 comments | 5703 Views

New Income Tax Form 112 Replaces Form 10B & 10BB for NPOs from April 2026

07 April 2026 at 09:05

CBDT has replaced Form 10B and Form 10BB with a new unified Form No. 112 for the audit of registered non-profit organisations, effective April 1, 2026. Know who should file, due dates, form structure and key benefits under the Income Tax Act 2025.

Posted in Income Tax | 1 comments | 4137 Views

New Income Tax Forms 97 & 98 Replace Form 60 & 61 from April 2026

06 April 2026 at 09:29

The Income Tax Department has replaced erstwhile Form 60 and Form 61 with new simplified Form 97 and Form 98 effective April 1, 2026. Learn who should file, due dates, document requirements and key changes under Income-tax Act 2025.

Posted in Income Tax | 1 comments | 22596 Views