CAclubindia News

Raghav Chadha Calls for Nil LTCG Tax on Equity Investments for Individual Investors

10 February 2026 at 09:59

AAP Rajya Sabha MP Raghav Chadha urges the Centre to abolish LTCG tax on equity investments for individuals, backs higher STT on derivatives to curb speculation, and cites global examples to promote long-term investing and wealth creation.

Posted in Income Tax | 1 comments | 1272 Views

CCI Registered 54 Antitrust Cases, Received 149 M&A Filings in 2025

11 February 2026 at 06:55

The Competition Commission of India registered 54 antitrust cases and received 149 M&A filings in 2025, as the government rolled out major competition law reforms under the Competition (Amendment) Act, 2023.

Posted in Corporate Law | 1 comments | 285 Views

CBDT Proposes New Form 130 for TDS on Salary, Pension and Interest Income Under IT Act

10 February 2026 at 06:49

CBDT introduces Draft Form 130 to consolidate TDS certification for salary, pension and specified senior citizen interest income, detailing tax deduction, deposit, and computation under the Income-tax Act.

Posted in Income Tax | 1 comments | 6855 Views

CBDT to Replace Forms 3CA, 3CB & 3CD with Consolidated Form 26

10 February 2026 at 06:49

Forms 3CA, 3CB and 3CD used for tax audit reporting are proposed to be merged into a single Form 26, bringing uniformity and simplified compliance.

Posted in Income Tax | 1 comments | 26271 Views

Permissible Day and Time for Inspection by Valuation Officers under Draft Income Tax Rules, 2026

10 February 2026 at 06:49

Rule 174 of Draft Income-tax Rules, 2026 prescribes the permissible day and time for inspections by Valuation Officers under section 269, ensuring procedural fairness.

Posted in Income Tax | 1 comments | 240 Views

Guidelines for Audit and Inventory Valuation Expenses under Draft Income Tax Rules, 2026

10 February 2026 at 06:48

Rule 172 under Draft Income-tax Rules, 2026 standardises audit and inventory valuation expenses with hourly fee caps, empanelled professionals and billing safeguards.

Posted in Income Tax | 1 comments | 615 Views

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 | 1 comments | 5790 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 | 1 comments | 555 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 | 1 comments | 8499 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 | 1 comments | 585 Views