CAclubindia News


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 |   4587 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 |   300 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 |   6309 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 |   399 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 |   9240 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 |   261 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 |   9777 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 |   168 Views


Income Tax Rates for FY 2026-27

   09 February 2026 at 06:50

Finance Bill 2026 retains existing income tax rates for FY 2026-27. No change in slabs, surcharge or cess for individuals, firms & companies.

Posted in Income Tax |   462 Views


Big Relief for Small NBFCs: RBI Removes Registration Requirement for Low-Risk Entities

   09 February 2026 at 06:50

RBI proposes registration exemption for Type-I NBFCs with assets under Rs 1000 crore and removes prior approval for NBFC branch expansion.

Posted in Corporate Law |   984 Views