CAclubindia News

Income Tax Department Releases ITR-6 Offline Utility for AY 2026-27

26 August 2026 at 09:23

Income Tax Department releases ITR-6 offline utility Version 1.0.0 for companies other than those claiming Section 11 exemption. Check release date, Mac utility and key details.

Posted in Income Tax | 87 Views

TDS on Virtual Digital Assets Under Income Tax Act 2025: Key Rules, Rate, Threshold and Compliance

26 August 2026 at 09:14

Know the TDS rules on Virtual Digital Asset transfers under the Income-tax Act, 2025, including the 1% rate, Rs 50,000/ Rs 10,000 thresholds, exchange rules and compliance.

Posted in Income Tax | 66 Views

RRBs Record Rs 10,176 Crore Net Profit in FY 2025-26, Business Crosses Rs 13.5 Lakh Crore

26 August 2026 at 09:06

Regional Rural Banks record a ₹10,176 crore net profit in FY 2025-26, while total business crosses ₹13.5 lakh crore and 54.98 lakh new PMJDY accounts are opened.

Posted in Community & General | 27 Views

RBI's USD-INR Swap Facility Draws $73 Billion in Forex Inflows in Just 11 Weeks

25 August 2026 at 09:19

RBI’s USD-INR swap facility has mobilised US$73 billion in forex inflows in 11 weeks, including US$65.40 billion through FCNR(B) deposits.

Posted in Investments & Personal Finance | 138 Views

ICAI SPMT Tests Suspended from 11th to 20th October 2026 Due to Portal Maintenance

25 August 2026 at 09:14

ICAI has announced that SPMT tests will not be conducted from 11 to 20 October 2026 due to portal maintenance. Slot booking will resume from 21 October.

Posted in Students | 192 Views

Income Tax Refund Rules Under Income Tax Act, 2025: How to Claim Excess Tax Paid

25 August 2026 at 09:14

Learn how to claim an income tax refund for excess tax paid under the Income-tax Act, 2025, including refund eligibility, filing rules, delayed refund interest, set-off and condonation of delay.

Posted in Income Tax | 1 comments | 11394 Views

Specified Senior Citizens: TDS Rules on Pension and Interest Income Under Income Tax Act, 2025

24 August 2026 at 09:11

Specified senior citizens aged 75+ can get relief from ITR filing when they have only pension and interest income. Know the TDS rules, Form 125 and eligibility conditions.

Posted in Income Tax | 1 comments | 16485 Views

Income Tax Benefits for Small Businesses in 2026-27: Key Deductions and Exemptions

24 August 2026 at 09:11

Small businessmen can claim several tax benefits for TY 2026-27, including presumptive taxation, deductions, depreciation, TDS relief, rebates and advance-tax benefits.

Posted in Income Tax | 1647 Views

Set-Off and Carry Forward of Loss Under Income Tax Act 2025

22 August 2026 at 09:30

Income-tax Act 2025 rules for set-off and carry forward of losses, covering business, speculative, capital and house property losses, explained.

Posted in Income Tax | 3156 Views

Income Tax Department Lists 10 ICDS and Their Reconciliation With Accounting Standards

22 August 2026 at 09:22

Income Tax Department lists 10 ICDS under the Income Tax Act 2025 and explains key reconciliations with Accounting Standards for computing taxable income.

Posted in Accounts | 14871 Views