CAclubindia News

Income Tax Department Replaces Form 49AA with New Forms 95 & 96 for PAN Applications (2026)

11 April 2026 at 09:17

The Income Tax Department has replaced the erstwhile Form 49AA with two simplified forms Form No. 95 and Form No. 9, effective from April 1, 2026, under the Income-tax Act, 2025. Learn who must file, what documents are required and key changes.

Posted in Income Tax | 4263 Views

RBI Issues Guidelines to facilitate Faster Cross-Border Inward Payments

11 April 2026 at 09:16

The RBI has issued new guidelines under its Payments Vision 2025 to accelerate cross-border inward payments, mandating faster customer intimation, near real-time nostro reconciliation and same-day or next-day credit to beneficiaries

Posted in Community & General | 78 Views

FIU-IND and I4C Sign Landmark MoU to Combat Cyber Fraud and Financial Crimes in India

11 April 2026 at 09:16

India strengthens its fight against cyber fraud as FIU-IND and I4C sign MoU to improve coordination, protect digital transactions and support investigations.

Posted in Community & General | 99 Views

New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors

10 April 2026 at 09:13

India's new Income Tax Rules 2026 make PAN, AIN, CIN and proof documents mandatory in TAN applications. Form 49B is gone - here's what your organisation needs to update immediately.

Posted in Income Tax | 7188 Views

Form FN 110 Filing Made Mandatory for NGOs Altering Accumulation Plans

10 April 2026 at 09:13

New Income Tax Form FN 110 explained: What every non-profit organisation needs to know about changing accumulation purpose under IT Act 2025

Posted in Income Tax | 2049 Views

New Form 121 Allows Eligible Taxpayers to Avoid TDS on Certain Incomes Under Section 393(6)

09 April 2026 at 10:20

Form No. 121 under Section 393(6) enables eligible taxpayers to receive specified incomes without TDS. Learn eligibility, filing process, conditions and compliance requirements.

Posted in Income Tax | 5277 Views

IT Act 2025: Form 32 Filing Mandatory Before Audit Due Date for Key Deductions

09 April 2026 at 10:20

Form 32 under the Income-tax Act 2025 replaces Form 10CCB and is mandatory for claiming deductions under Sections 46 to 144. Check eligibility, due date, and key compliance rules for startups, SEZs and infrastructure businesses.

Posted in Income Tax | 8244 Views

CBDT Revises Form 49B: New Rules for TAN Application

09 April 2026 at 10:20

Stay updated with the latest changes in Form 49B for TAN application in 2026. Know revised requirements, filing process, and compliance impact for deductors under Income Tax laws.

Posted in Income Tax | 4497 Views

GSTN Introduces IMS Offline Utility v1.0 to Simplify Taxpayer Compliance

08 April 2026 at 09:25

GSTN introduces IMS Offline Utility v1.0, an Excel-based tool enabling taxpayers to manage IMS dashboard actions offline. Check download steps, features and system requirements.

Posted in GST | 4626 Views

RBI May Cut Rates Amid Global Uncertainty, Says FM Sitharaman

08 April 2026 at 09:25

Finance Minister Nirmala Sitharaman says India has fiscal space to support sectors hit by the West Asia crisis, while the RBI may consider interest rate cuts amid global uncertainty.

Posted in Community & General | 90 Views