Notification No. 49/2026 issued by the Central Board of Direct Taxes introduces the Income-tax (Sixth Amendment) Rules, 2026, substituting a revised Form ITR-6 in Appendix II of the Income-tax Rules, 1962. Exercising powers under sections 139 and 295 of the Income-tax Act, 1961, the amendment becomes effective from 31 March 2026 and applies to returns filed for Assessment Year 2026–27 onwards. Form ITR-6 is primarily used by companies other than those claiming exemption under section 11, and the revision reflects the government’s effort to modernize corporate tax reporting. Although the notification does not detail specific changes, it indicates updates in disclosure requirements, reporting structure, and compliance mechanisms. The amendment aims to enhance transparency, improve accuracy in corporate filings, and align reporting formats with evolving tax regulations and digital systems. Companies must adopt the revised form to ensure valid and compliant return filing under the updated framework.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 49/2026-Income Tax | Dated: 30th March, 2026
G.S.R. 230(E).— In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (Sixth Amendment) Rules, 2026.
(2) They shall come into force with effect from the 31st day of March, 2026 and shall apply in respect of returns filed for Assessment Year 2026-27.
2. In the Income-tax Rules, 1962, in Appendix II, for FORM ITR-6, the following FORM shall be substituted, namely: –––
