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Income Tax News


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 |   3654 Views


Form 25 Under Income Tax Rules 2026: Key Rules for Medical Professionals

   27 April 2026 at 09:13

The Income Tax Department releases FAQs on Form 25, detailing compliance rules for medical professionals, record-keeping requirements and key provisions under Rule 46 of Income-tax Rules, 2026.

Posted in Income Tax |   5037 Views


New Form 34 for Tax Audit Assessees: 30% Deduction on Employee Cost

   25 April 2026 at 09:13

Form 34 under the Income-tax Act, 2025 is now mandatory for claiming 30% deduction on additional employee cost. Check eligibility, due date and filing rules.

Posted in Income Tax |   2931 Views


Form 101: Inventory Valuation Rules Explained under IT Rules 2026

   24 April 2026 at 09:04

New FAQs on Form 101 explain when inventory valuation report is required, who must file and key compliance rules under the updated tax framework.

Posted in Income Tax |   5529 Views


CBDT Issues Form 38 FAQs on Foreign Remittance Certificate Under IT Rules 2026

   23 April 2026 at 09:04

Income Tax Department issues FAQs on Form 38 under Income-tax Rules 2026, clarifying its role in foreign inward remittance reporting and compliance framework.

Posted in Income Tax |   4122 Views


Income Tax Department Engages Schools, Trusts on New Income Tax Act 2025

   23 April 2026 at 09:02

Income Tax Department hosts outreach programme in New Delhi to highlight key features of the Income Tax Act, 2025, focusing on educational institutions, charitable trusts and tax reforms.

Posted in Income Tax |   183 Views


CBDT Denies IT Raid Allegations by TN Congress Leader, Calls Claims Baseless

   22 April 2026 at 09:09

CBDT refutes claims of search and unlawful confinement by Tamil Nadu Congress leader K. Selvaperunthagai, clarifying no IT action was conducted and legal steps have been initiated against false allegations.

Posted in Income Tax |   177 Views


Form 126 Replaces 15C & 15D: Key Changes in Nil TDS Certificate for Non-Residents

   22 April 2026 at 09:08

Income Tax Dept releases FAQs on Form 126 under Income-tax Act 2025. Know eligibility, purpose and how non-residents can apply for nil TDS certificate.

Posted in Income Tax |   3042 Views


No Mandatory Income Tax Clearance Certificate for All Travellers: PIB Fact Check

   22 April 2026 at 09:06

PIB debunks viral claim on mandatory ITCC for travellers. Income tax clearance is required only in specific cases under Section 230.

Posted in Income Tax |   2790 Views


Form 146 Mandatory? New CA Certificate Rules for Foreign Remittances in 2026

   21 April 2026 at 09:01

Learn about Form 146 under the Income Tax Act, 2025 - its purpose, applicability, filing process, and role in ensuring compliant foreign remittances and accurate TDS deduction.

Posted in Income Tax |   10410 Views



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