CAclubindia News

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 | 234 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 | 2949 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 | 63 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 | 3369 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 Others | 69 Views

Foreign Remittance Compliance 2026: New Form 15CA & 15CB Rules Simplified

08 April 2026 at 09:25

The Income Tax Department has introduced revised formats for Form 15CA and Form 15CB to streamline foreign remittance reporting. Explore key changes, structure, documentation and compliance requirements in this detailed guide

Posted in Income Tax | 4398 Views

ICAI organizes Management Development Programme for CA Final Rank Holders at IIM Kozhikode

08 April 2026 at 09:25

ICAI hosts a 10-day Management Development Programme at IIM Kozhikode for CA rank holders, focusing on leadership, AI in finance and strategic decision-making skills.

Posted in Students | 105 Views

Income Tax Department Launches New Utilities to Compare Rules 1962 vs Rules 2026 & Forms Mapping Tool

07 April 2026 at 09:09

The Income Tax Department has launched new utilities to compare Income Tax Rules 1962 with Rules 2026 and map old forms with new ones. These tools aim to simplify compliance under the Income Tax Act 2025 effective from April 1, 2026.

Posted in Income Tax | 4986 Views

MCA Alerts Nidhi Companies to File NDH-3 by 30th April 2026

07 April 2026 at 09:07

MCA mandates Nidhi Companies to file Form NDH-3 for Oct 2025-Mar 2026 by April 30, 2026. Check the filing process, due date and compliance requirements on the MCA V3 portal.

Posted in Corporate Law | 195 Views

New Income Tax Form 104 Replaces Form 10A: Auto-Fill, Fewer Documents, Faster Approval for Trusts

07 April 2026 at 09:06

The revamped Form No. 104 features auto-population of taxpayer data, reduced document requirements and risk-based information collection, making registration smoother for trusts and NGOs in India.

Posted in Income Tax | 501 Views