Income Tax News

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 | 4242 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 | 2994 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 | 13368 Views

Salient Features of New Income Tax Act, 2025

06 April 2026 at 09:27

Income Tax Act 2025, w.e.f 1st April 2026, introduces simplified tax laws with fewer sections, Tax Year concept and reduced complexity.

Posted in Income Tax | 5808 Views

India Notifies MoU with Japan for Tax Recovery Assistance Under Income Tax Act

04 April 2026 at 09:16

India notifies MoU with Japan for mutual assistance in tax collection under Section 90 of the Income-tax Act. Effective from July 8, 2025.

Posted in Income Tax | 342 Views

New Tax Payment Challans Go Live on Income Tax Portal from 1st April 2026 Under IT Act 2025

03 April 2026 at 09:14

New tax payment challans under the Income Tax Act, 2025 are now live on the Income Tax e-Filing Portal from April 1, 2026. Know applicability, steps and key details.

Posted in Income Tax | 9501 Views

New PAN Correction Rules 2026: CBDT Introduces Forms PAN CR-01 & CR-02

02 April 2026 at 09:26

CBDT introduces new PAN correction forms (PAN CR-01 & CR-02) effective April 1, 2026, alongside the Finance Act 2026 notification. Check updated procedures, compliance rules and key tax insights.

Posted in Income Tax | 5874 Views

CBDT Introduces New DIN Rules for Income Tax Notices in 2026

02 April 2026 at 09:26

CBDT Circular 4/2026 mandates DIN for all income-tax communications. Check new rules, exceptions, approval process, and compliance requirements.

Posted in Income Tax | 4455 Views

Big Tax Update: CBDT Revises Rule 128 Under Income Tax Rules 2026

02 April 2026 at 09:22

CBDT notifies Income-tax (Amendment) Rules, 2026 effective April 1. Key changes in Rule 128 clarify GAAR applicability and provide relief for pre-2017 investments.

Posted in Income Tax | 4851 Views

CBDT Amends Rule 10U: No GAAR on Pre-April 2017 Investments

02 April 2026 at 09:19

CBDT amends Rule 10U under Income-tax Rules, 1962 via Tenth Amendment Rules 2026, excluding pre-April 2017 investments from GAAR provisions. Key details inside...

Posted in Income Tax | 3279 Views