Tag: Tax Year 2026-27

Income Tax Notifications & Order IT

CBDT FAQ Deep-Dive Series #8: Scientific Research and R&D Deduction Moves From Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025

CA Adityavikram Banka

Scientific research and R&D deduction moves from Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025 from FY 2026-27. Weighted deductions end; here is the verified mapping and checklist.

Income Tax

Section 80-IAC Startup Tax Holiday for FY 2025-26: How DPIIT Startups Claim the 100% Three-Year Deduction, the March 31 2030 Extension, and the Section 140 Transition Under the Income-tax Act 2025

CA Adityavikram Banka

Section 80-IAC gives DPIIT-recognised startups a 100% deduction of profits for any 3 consecutive years out of 10. Eligibility, the 31 March 2030 extension, MAT and 115BAA traps, and the Section 140 transition under the Income-tax Act 2025.

Income Tax Notifications & Order IT

CBDT FAQ on the Income-tax Act 2025 Transition: What Section 536 Saves From the 1961 Act

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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.