Income Tax : The framework outlines mandatory disclosures and timelines for opting into safe harbour. Key takeaway: strict compliance is essent...
Income Tax : The new form consolidates multiple income disclosures into one, enabling accurate TDS deduction. Key takeaway: unified reporting r...
Income Tax : A detailed overview of updated TDS provisions mapping old and new sections, rates, and thresholds. Helps taxpayers understand comp...
Income Tax : The new tax law addresses long-standing concerns over complexity by reducing provisions and simplifying language. It introduces st...
Income Tax : The case highlights how the new framework enforces stricter compliance using data analytics. It underscores that incorrect declara...
Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...
Income Tax : This webinar breaks down the major structural and conceptual changes introduced in the new Income Tax Act, 2025. It helps professi...
Income Tax : The government replaced the six-decade-old law with the Income-tax Act, 2025. The reform aims to simplify compliance through clear...
Income Tax : A free live workshop will discuss the structure and practical implications of the proposed Income-tax Act, 2025 and amendments und...
Income Tax : The amendments focus on reassessment timelines, electronic communication, and procedural clarity. The changes aim to reduce litiga...
Income Tax : The Supreme Court set aside the NCLAT order for relying on a non-existent quasi-judicial income tax order. The key takeaway is tha...
Income Tax : Rule 81 prescribes dataset construction, weighted averages, and a 35th–65th percentile arm’s length range when multiple compar...
Income Tax : The latest amendment excludes income arising from transfer of pre-2017 investments from GAAR scrutiny. It reinforces the protectio...
Income Tax : The Finance Act, 2026 prescribes income-tax rates, surcharge, and cess for the assessment year 2026–27. It establishes the legal...
Income Tax : The circular introduces mandatory Form I and Form II for SWFs to claim tax exemptions. The ruling ensures structured application a...
Income Tax : The notification requires payers to generate UINs and file quarterly details of declarations even where no tax is deducted. It enh...
Income Tax : CBDT introduced Income-tax Rules, 2026 to operationalize the Income-tax Act, 2025. The rules standardize procedures on valuation, ...
Form 183 audit report required for Section 49 deduction on site restoration fund. Filing mandatory with accountant certification before return deadline.
Form 182 audit report is mandatory to claim deduction under Section 48 for tea, coffee, and rubber businesses, ensuring compliance and verification.
Form 181 requires electoral trusts to file an audit report electronically to claim voluntary contributions as non-taxable income, within the due date of return filing.
The guidance clarifies that employee welfare funds must file Form 180 to seek approval for tax exemption. Approval is granted subject to conditions and verification by tax authorities.
Form 173 requires eligible funds to report details to claim no business connection in India. Filing is mandatory within 90 days to avoid penalties.
Details of Form 172 filing, eligibility, due date, documents, process, and penalty for non-compliance under Income-tax Act, 2025.
Individuals must file Form 171 to become authorised tax practitioners. Without approval, they cannot represent taxpayers before authorities.
AIS provides a full record of financial transactions linked to PAN. It helps taxpayers verify income and avoid reporting errors.
The issue involved mandatory reporting obligations for film and specified activities under the new tax regime. The framework requires disclosure of payments exceeding ₹50,000 along with TDS details. The key takeaway is that enhanced transparency and structured reporting are central to compliance.
Form 163 requires Indian concerns to report indirect transfers of assets in India involving non-residents. The key takeaway is that this is a compulsory compliance obligation even though no tax is payable. Timely filing ensures avoidance of penalties.
