Understand Form 71 under Income Tax Act 2025 including filing procedure, eligibility, due date, mandatory audit requirements and tax exemption conditions.
Income Tax Department releases ITR-1 and ITR-4 Excel utilities for AY 2026-27 on 15 May 2026. Check eligibility, filing conditions, utility details, schema, validations and key updates.
The Income Tax Department has introduced FN 181 under Income Tax Rules 2026 for electoral trusts claiming exemption on voluntary contributions. Know filing rules, eligibility, deadline, audit requirements and key FAQs.
The Income Tax Department's Central Action Plan (CAP) 2026-27 introduces new tax collection targets, faster grievance redressal, appeal disposal timelines, improved taxpayer services and technology-driven tax administration under the IT Act, 2025
The Income Tax Department has clarified the rules for Form 65 under the Income Tax Act 2025. Know eligibility, filing process, 10% concessional tax benefit on patent royalty income, documents required and 5-year lock-in conditions.
The Finance Ministry has issued Notification No. 16/2026-Customs revising customs duty rates on gold, silver, platinum findings, spent catalysts, jewellery components and precious metal imports. The new changes come into effect from May 13, 2026.
ICAI has removed the names of more than 1,200 Chartered Accountants from its register due to non-payment of prescribed membership fees. Check the latest Gazette notification, legal provisions and key details here.
The Ministry of Finance has issued a corrigendum to the Hindi version of Notification G.S.R. 225(E) dated March 30, 2026 relating to the Goods and Services Tax Settlement of Funds Rules, 2026. Read the latest official update and revised Rule 1(1).
CBDT’s new Form 81 under the Income-tax Rules 2026 replaces Form 66 for companies opting for the Tonnage Tax Scheme. Know applicability, reporting requirements, audit details, annexures and compliance obligations.
CBDT has revamped the Advance Pricing Agreement (APA) framework under Income Tax Rules 2026 with new Forms 51-54, standardised Rs 20 lakh filing fee, simplified compliance, rollback provisions and faster processing timelines. Check key changes.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English