Capital Gains on Transfers Before 1 April 2026: How Section 536 of the Income-tax Act, 2025 Applies
Transfers made up to 31 March 2026 are taxed under the 1961 Act for AY 2026-27. What Section 536 says about exemptions, lock-ins and capital losses.
Category: Notifications & Order IT
FY 2025-26 Tax Audit Under Section 44AB: Thresholds, Due Dates, Key Form 3CD Clauses and Penalty
FY 2025-26 tax audits stay under Section 44AB of the 1961 Act. Who needs one, the 30 September 2026 due date, key Form 3CD clauses, 43B(h), 40(a)(ia), 271B.
Losses, Unabsorbed Depreciation and MAT/AMT Credit Under Section 536 of the Income-tax Act, 2025
How Section 536 of the Income-tax Act, 2025 carries 1961 Act losses, unabsorbed depreciation and MAT/AMT credit into tax year 2026-27, and the new MAT limits.
ITR Forms for AY 2026-27: Why FY 2025-26 Returns Are Filed Under the Income-tax Act, 1961
CBDT notified the AY 2026-27 ITR forms under the Income-tax Act, 1961 on 30 March 2026. Why the old Act applies, which form fits and the due dates.
Reopening Pre-April 2026 Years: How Sections 147 to 151 Continue Under Section 536(2)(c)
Reassessment of AY 2026-27 and earlier stays under the 1961 Act after 1 April 2026. What Section 536(2)(c) and the CBDT FAQ say, with Section 149 limits.
Q4 FY 2025-26 TDS and TCS Statements and Certificates: Which Act, Forms and Due Dates Apply
Q4 FY 2025-26 TDS and TCS stay under the 1961 Act: Forms 24Q, 26Q and 27Q by 31 May 2026, Form 27EQ by 15 May, Forms 16 and 16A by 15 June 2026.
CBDT FAQ on the Income-tax Act 2025 Transition: What Section 536 Saves From the 1961 Act
CBDT’s transition FAQ and Section 536 of the Income-tax Act, 2025: what happens to pre-April 2026 income, pending cases, TDS, refunds and carried-forward losses.
Section 92CE Secondary Adjustments Under the Income-tax Act 2025: Rs 1 Crore Threshold, 90-Day Repatriation Window, and the 18 Percent Settlement Option
Section 92CE of the Income-tax Act 2025 requires Indian taxpayers to repatriate excess money from overseas associated enterprises within 90 days of any primary transfer pricing adjustment exceeding Rs 1 crore, failing which deemed interest accrues at SBI 1-year MCLR plus 325 basis points. This advisory covers the Rule 10CB mechanics, Form 3CEB and Form 3CD Clause 30B disclosures, and the 18 percent settlement option for AY 2026-27 compliance.
CBDT Notification 64/2026: The 76 Corrections to the Income-tax Rules, 2026 Explained
CBDT Notification No. 64/2026 [G.S.R. 286(E)] dated 16 April 2026 makes 76 corrections to the Income-tax Rules, 2026, across three rules and 39 forms. Most fix typing and numbering, but Forms 56, 58, 75 and 178 change and several forms drop Aadhaar fields. Here is what changed and what to check.
CBDT Fixes All ITR Forms for AY 2026-27: What Notifications 57 to 63 of 2026 Change for CAs
Key Takeaways CBDT issued 7 corrigendum notifications (No. 57/2026 to 63/2026) on April 10, 2026, correcting errors in all ITR forms for AY 2026-27. ITR-1 gets a completely revamped Schedule-IT … Read More