Rule 225 prescribes a comprehensive framework for recovery of tax arrears, covering attachment, sale, arrest, appeals, and time limits to ensure legally structured enforcement.
Rules 221 to 224 specify mandatory forms for accountant certificates, notice of demand, advance tax estimates, and recovery statements to standardize compliance under the Income-tax Act.
Draft Rule 148 of the Income-tax Rules, 2026 lays down comprehensive procedures, authorisation formats, safeguards, and custody mechanisms for search and seizure under section 247 to ensure transparency and legal compliance.
Draft Rule 149 of the Income-tax Rules, 2026 introduces a structured approval system, prescribed forms, and timelines for requisitioning services and making valuation references under section 247, ensuring transparency and regulatory oversight.
Rule 150 of the Draft Income-tax Rules, 2026 lays down the methodology for determining the fair market value of property under section 247(9). It specifies that the value of immovable property, including land or building or both, shall be based on the value adopted, assessed, or assessable by the Central or State Government authority for […]
Draft Rule 151 of the Income-tax Rules, 2026 prescribes mandatory written authorisation, documentation, sealing, and custody procedures for requisition of books, documents, assets, and digital records under section 248.
Rules 152–156 of the Draft Income-tax Rules, 2026 lay down clear procedures for release of seized assets, distraint and sale, prescribed forms for information, and designation of authorities to ensure transparency and accountability.
Rule 157 of the Draft Income-tax Rules, 2026 exempts specified non-residents and eligible foreign investors from obtaining PAN, subject to TDS compliance and prescribed reporting conditions.
Rule 158 of the Draft Income-tax Rules, 2026 prescribes detailed PAN application forms, timelines, document requirements, and Aadhaar authentication to strengthen compliance and data security.
Draft Rules 130–132 of the Income-tax Rules, 2026 prescribe mandatory time limits, detailed Approving Panel procedures, and remuneration norms to ensure transparency and time-bound action under section 274 proceedings.
