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.
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.
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.
Rule 172 under Draft Income-tax Rules, 2026 standardises audit and inventory valuation expenses with hourly fee caps, empanelled professionals and billing safeguards.
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.
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.
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.
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.
Draft Income Tax Rules, 2026 notified from April 1, 2026. Check key changes in capital gains, perquisites, valuation, residency and non-resident taxation.
Draft Income-tax Rules and Forms 2026 released for public feedback till 22nd Feb 2026, introducing simplified rules, smart forms, reduced compliance and tech-driven filing under the new Income-tax Act, 2025.
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