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CBDT Issues Corrigendum to Notification of Income tax return Form 7 The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue) recently issued a...
The Central Board of Direct Taxes (CBDT), which operates under the Ministry of Finance, has released a notification to correct 76 mistakes found in the new Income Tax Rules for 202...
On March 31, 2026, the Central Board of Direct Taxes issued Circular No. 4/2026, introducing revised guidelines for the mandatory use of the Document Identification Number (DIN) in...
On April 10, 2026, a corrigendum was released by the Central Board of Direct Taxes (CBDT), rolling out rectifications in the income tax return (ITR) forms notified earlier, dated M...
Important Update: CBDT Amends ITR-1 and ITR-4 Schedules and Salary Details The Central Board of Direct Taxes (CBDT) under the Ministry of Revenue (Department of Revenue) has issued...
CBDT Amends Income-Tax Rules 2026 to Exclude Pre-2017 Investments from GAAR The Ministry of Finance (Department of Revenue) issued a notification dated 31st March, 2026, announcing...
Beneficial Circulars Cannot Be Restricted by Year: Delhi High Court Expands Relief of CBDT Circular for charitable Trusts In a landmark ruling reinforcing fairness in tax adminis...
CBDT plans to expand foreign asset disclosure measures, including lower value accounts and pre-filling alerts on its e-portal
Introduction On March 31, 2026, the Ministry of Finance released notification No. 11/2026-Customs dated 31st March 2026 (hereinafter referred to as the “Notification”) under Sectio...
The Ministry of Finance’s Department of Revenue has given a new Notification No. 2/2026 regarding the Union Territory Tax. This update, which comes from May 13, 2026, brings modifi...
VTPA requested CBDT for creation of a separate charge of Commissioner of Income-tax (Exemption) at Nagpur for Vidarbha region To The Chairman Central Board of Direct Taxes North...
CBDT Introduces New Application Forms to Amend or Rectify PAN Details; Effective April 2026 The Directorate of Income Tax (Systems) of the Central Board of Direct Taxes (CBDT) unde...
CBDT Circular No. 4/2002 & TDS on Exempt Institutions: A Forgotten Relief Every Taxpayer and Deductor Must Understand For decades, companies, banks, PSUs, Government departme...
From April 1, 2026, new tax payment challans have been rolled out on the Income Tax e-Filing Portal by the CBDT. The same update aligns with the execution of the Income Tax Act 202...
Income Tax: Delhi Govt revises monetary limits for assigning cases to ITOs and DCs/ACs from FY 2026-27 The Principal Chief Commissioner of Income Tax (CCA), Delhi, under the Govern...
DTAA Compliance Gets Stricter: Form 10F Now Mandatory for All Treaty Claims A significant procedural shift has been introduced under the Income-tax Act, 2025 and Income-tax Rules...
On April 29, 2026, the Income Tax Department, Mumbai, conducted an outreach programme as part of its nationwide initiative to create awareness regarding the features of the Income...
Major Changes Introduced to ITR -1 Form; Effective AY 2026-27 The Central Board of Direct Taxes (CBDT) has notified significant changes to the Income-tax Return (ITR) Forms 1 to 7,...
Cash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI Taxpayer In an important ruling concerning...
CBDT Sets New Record by Signing 219 Advance Pricing Agreements in FY 2025-26 The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue) has issu...
Event under Prarambh 2026 highlights simplified compliance and higher exemptions for salaried taxpayers
May 2026 brings a packed schedule of tax compliance deadlines for taxpayers and businesses across India. From TDS/TCS deposits to certificates and statutory filings, missing key da...
CBIC Amends Customs Tariff Rates and Procedures under Customs Act, 1962 The Central Board of Indirect Taxes and Customs has issued a notification on April 30, 2026, regarding the a...
Technology-driven taxpayer services and simplified tax laws will strengthen voluntary compliance,”-Dr. Sibichen K. Mathew, DG, NADT “PRARAMBH–2026”, an outreach and awareness progr...
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