CAclubindia News

Permissible Day and Time for Inspection by Valuation Officers under Draft Income Tax Rules, 2026

10 February 2026 at 06:49

Rule 174 of Draft Income-tax Rules, 2026 prescribes the permissible day and time for inspections by Valuation Officers under section 269, ensuring procedural fairness.

Posted in Income Tax | 117 Views

Guidelines for Audit and Inventory Valuation Expenses under Draft Income Tax Rules, 2026

10 February 2026 at 06:48

Rule 172 under Draft Income-tax Rules, 2026 standardises audit and inventory valuation expenses with hourly fee caps, empanelled professionals and billing safeguards.

Posted in Income Tax | 483 Views

Rule 86 Explained: Safe Harbour Definitions under Draft Income Tax Rules, 2026

10 February 2026 at 06:48

Understand Rule 86 under Draft Income-tax Rules, 2026. Detailed definitions for safe harbour transactions covering ITES, KPO, R&D, intra-group services, auto components and financial metrics.

Posted in Income Tax | 5163 Views

New Rule 166 Prescribes Conditions for Defective Return Under Section 263(7)

10 February 2026 at 06:48

Rule 166 of the Income-tax Rules, 2026 lays down conditions for treating a return as defective under section 263(7), including incomplete returns, audit report lapses, tax payment details and MAT/AMT credit mismatch.

Posted in Income Tax | 441 Views

Draft Income Tax Forms 2026 Released: Category-wise Table of 190 Draft Forms Explained

09 February 2026 at 06:52

Draft Income-tax Forms 2026 released proposing 190 forms under the Income-tax Act, 2025. Check complete category-wise table and explanation of all forms.

Posted in Income Tax | 8256 Views

CBDT Seeks Stakeholders' Inputs on Draft Income Tax Rules and Forms Under IT Act, 2025

09 February 2026 at 06:52

CBDT invites stakeholder inputs on proposed Income-tax Rules and Forms under the Income-tax Act, 2025. Suggestions can be submitted via the e-filing portal on simplification, litigation reduction and compliance burden ahead of April 2026 rollout.

Posted in Income Tax | 513 Views

Draft Income Tax Rules, 2026 Released: Major Changes in Capital Gains, Perquisites and Non-Resident Taxation

09 February 2026 at 06:52

Draft Income Tax Rules, 2026 notified from April 1, 2026. Check key changes in capital gains, perquisites, valuation, residency and non-resident taxation.

Posted in Income Tax | 11373 Views

Draft Income Tax Rules & Forms 2026 Released for Public Feedback Till 22nd February

09 February 2026 at 06:51

Draft Income-tax Rules and Forms 2026 released for public feedback till 22nd Feb 2026, introducing simplified rules, smart forms, reduced compliance and tech-driven filing under the new Income-tax Act, 2025.

Posted in Income Tax | 306 Views

Income Tax Rules, 2026 Notified: Rule-Wise Comparison with Old IT Rules, 1962

09 February 2026 at 06:51

Income Tax Rules, 2026 modernise and restructure over 330 rules from the 1962 framework, enhancing clarity, digital compliance, faceless administration and ease of transition for taxpayers and professionals.

Posted in Income Tax | 12735 Views

Investors to Get Simpler TDS Exemption Filing Through Depositories

09 February 2026 at 06:50

Proposed tax amendment allows investors to file no-TDS declarations through depositories for dividends, interest and mutual fund income, reducing multiple compliance filings.

Posted in Union Budget | 222 Views