Latest Tax Updates, News, Articles & Notifications
CBDT Notification 64/2026 [G.S.R. 286(E)] dated April 16, 2026 rectifies 76 errors in the Income-tax Rules, 2026. Here is what every CA firm must update in templates, cross-references, and transfer pricing working papers before filing season.
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
The Central Board of Direct Taxes (CBDT) has issued Circular No. 4/2026, dated March 31, 2026, mandating revised guidelines for the use of the Document Identification Number (DIN) in all … Read More
The Central Board of Direct Taxes (CBDT) has issued two landmark notifications on March 31, 2026, that directly address the anxiety caused by the Supreme Court’s Tiger Global judgment in … Read More
The 1961 Act Is Gone. Here Is What Replaces It. April 1, 2026 marks one of the most significant dates in Indian tax history. The Income Tax Act, 2025, which … Read More
The Central Board of Direct Taxes (CBDT) has formally notified the Income-tax Rules, 2026 vide Notification No. G.S.R. 198(E) dated March 20, 2026, under Section 533 of the Income-tax Act, … Read More
The Income-tax Act, 2025 will replace the six-decade-old Income-tax Act, 1961 with effect from April 1, 2026. This is the most significant overhaul of India’s direct tax framework in over … Read More
The Central Board of Direct Taxes (CBDT) has issued Notification No. 19/2026 (G.S.R. 158(E)) dated March 5, 2026, introducing significant amendments to the Income-tax Rules, 1962. The notification amends Rules … Read More
Changes in ITR 6 applicable to companies – Notification No 16/2016 dated 24.01.2024 CBDT has notified Income-tax Return Form 6 for the Assessment Year 2024-25, vide Notification No. 16/2024, dated … Read More
CBDT notifies Income Tax Cost Inflation Index for Financial Year 2020-21 (Assessment Year 2021-22) vide Notification No. 32/2020-Income Tax dated 12th June 2020 at 301. Cost Inflation Index helps taxpayer … Read More
