CAclubindia News

Income Tax Rules 2026: PAN Now Mandatory for Post Office Transactions

30 April 2026 at 09:51

India Post implements Income-Tax Rules 2026 from April 1. PAN now mandatory for key transactions, Forms 15G/15H replaced by Form 121. Know compliance rules, deadlines and new reporting framework.

Posted in Income Tax | 1 comments | 6021 Views

New Tax Rule 2026: Form 172 Filing Made Mandatory for Investment Funds in India

30 April 2026 at 09:38

Form 172 under the Income-tax Act, 2025 replaces Form 3CEJA and mandates certified reporting for eligible investment funds to ensure compliance, transparency and protection from business connection risks in India.

Posted in Income Tax | 1 comments | 2844 Views

ICAI Convocation May 2026 Announced: Date, Cities & Eligibility Details

30 April 2026 at 09:38

ICAI announces Convocation May 2026 on 23rd May across major cities. New members (Dec 2025-Apr 2026) to receive CoM/COP; CA Final Jan 2026 rank holders to be felicitated.

Posted in Students | 1 comments | 3000 Views

Rs 397 Crore Bogus Invoice Scam Busted by CGST Delhi

29 April 2026 at 09:24

CGST Delhi South busts Rs 60.59 crore fake ITC fraud using bogus invoices worth Rs 397.23 crore; key accused arrested under CGST Act for tax evasion.

Posted in GST | 1 comments | 561 Views

Form 185: New PF Reporting Rules Under Income Tax Act 2025

29 April 2026 at 09:21

OverviewThe Income-tax framework continues to evolve with structured compliance mechanisms, and Form 185 has emerged as a key documentation requirement for Recognised Provident Funds (RPFs). Introduced under the Income-tax Rules, 2025, this form stan

Posted in Income Tax | 1 comments | 3915 Views

Form 122 under IT Act 2025: New Tax Declaration for Salaried Employees

29 April 2026 at 09:18

Form 122 under the Income-tax Act 2025 replaces Forms 12B & 12BAA, enabling salaried employees to report multiple incomes, claim TDS credits, and reduce excess tax deductions. Learn key details, benefits, FAQs and filing process.

Posted in Income Tax | 1 comments | 7338 Views

RBI Issues Final Directions on Forex Derivatives Reporting for AD Category-I Banks

28 April 2026 at 09:05

RBI finalizes reporting norms for Authorised Dealer Category-I banks, mandating disclosure of global INR forex derivative transactions to CCIL to boost transparency.

Posted in Community & General | 1 comments | 738 Views

Form 65 Under Income Tax Act 2025: Complete Guide to 10% Tax on Patent Royalty

28 April 2026 at 09:05

Understand Form 65 under the Income Tax Act 2025. Learn eligibility, 10% concessional tax on patent royalty, filing process, documents required and 5-year lock-in rules.

Posted in Income Tax | 1 comments | 2601 Views

Aadhaar Not a Valid Proof of Date of Birth: UIDAI Issues Official Clarification

27 April 2026 at 09:21

UIDAI clarifies that Aadhaar is not a valid proof of date of birth. Learn what the latest circular means for identity verification, KYC and official documentation in India.

Posted in Income Tax | 1 comments | 3906 Views

RBI Cancels Paytm Payments Bank Licence Under Banking Regulation Act

27 April 2026 at 09:14

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank effective April 24, 2026, citing serious governance lapses and regulatory non-compliance under the Banking Regulation Act, 1949.

Posted in Community & General | 1 comments | 2385 Views