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Income Tax News


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 |   174 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 |   3033 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 |   2784 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 |   10401 Views


Form 163 Under IT Act, 2025: Indirect Transfer Reporting Made Simple

   21 April 2026 at 09:01

Form 163 FAQs explained: Learn who must file, due dates and compliance rules for reporting indirect transfer of Indian assets under Income Tax Act, 2025.

Posted in Income Tax |   3483 Views


Form 116 for ITAT Cross Objections: Income Tax Dept Clarifies Filing Process & Timeline

   20 April 2026 at 09:31

Income Tax Department releases FAQs on Form 116. Know eligibility, 30-day deadline, filing process and ITAT cross-objection rules under Income Tax Act 2025.

Posted in Income Tax |   3705 Views


ICAI Releases Updated Income Tax Act 2025 Edition with Section-Wise Mapping to 1961 Law

   18 April 2026 at 10:13

ICAI releases revised Income-tax Act 2025 (as amended by Finance Act 2026) with detailed section mapping to the 1961 Act, aiding professionals in seamless transition.

Posted in Income Tax |   5496 Views


Income Tax Portal Enables Offline Utility for Forms 145 & 146

   18 April 2026 at 10:12

The Income Tax Department has enabled the offline utility for Form 145 and Form 146 on the e-Filing portal. Taxpayers can now download, fill and submit these forms under the Income Tax Act, 2025.

Posted in Income Tax |   342 Views


CBDT Issues Corrigendum to Income Tax Rules 2026: 76 Errors Rectified

   18 April 2026 at 10:12

CBDT issues corrigendum to Income Tax Rules notification dated March 20, 2026. Key changes include PAN-only reporting, rule corrections and form updates.

Posted in Income Tax  1 comments |   5712 Views



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