Latest Tax Updates, News, Articles & Notifications
CBDT Circular 07/2026 extends the AY 2026-27 tax audit due date to 21 October 2026 and the ITR date to 21 November 2026 for audited assessees outside Section 92E.
CBDT’s Annual APA Report FY 2025-26 records 1,035 advance pricing agreements up to 31 March 2026 and 220 signed in one year. Here is what it means for transfer pricing certainty, Sections 168 and 169 of the Income-tax Act 2025, and the safe harbour choice.
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.
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
