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, ...
Draft Income-tax Rules 2026 outline procedures for provident fund recognition, penalties for assigning PF interest, and tax treatment when recognition is withdrawn.
Draft Income-tax Rules 2026 require provident fund nominations to favour family members and mandate annual account reporting by trustees and employers to ensure transparency and compliance.
Rule 333 mandates electronic tax payments for companies and specified taxpayers, while the draft rules also prescribe detailed depreciation rates for various tangible and intangible assets.
Rule 332 of the Draft Income-tax Rules 2026 allows the CBDT to mandate electronic submission of tax forms and documents to streamline compliance, enable secure verification, and improve record management.
Rule 331 of the Draft Income-tax Rules 2026 sets approval conditions, documentation requirements, and mandatory investment timelines for public companies and mutual funds to ensure proper utilisation of capital.
Draft Income-tax Rules 2026 mandate formal approval procedures for gratuity funds and cap reserves for unexpired risks in insurance businesses to ensure regulatory oversight and accurate profit computation.
Draft Income-tax Rules 2026 introduce strict conditions on director eligibility, employer contributions, fund ownership, and winding-up procedures to safeguard employee benefit funds and ensure proper governance.
Rules 317–319 of the Draft Income-tax Rules, 2026 prescribe conditions for trustees, regulate investment of gratuity fund money, and establish nomination rules for employees.
Rules 312–316 of the Draft Income-tax Rules, 2026 require prior approval for fund restructuring, prescribe application and appeal procedures, and define key terms governing approved gratuity funds.
Draft Rules 276 and 277 of the Income-tax Rules, 2026 introduce electronic reporting requirements for eligible investment funds and clarify the method for calculating taxable interest on provident fund contributions exceeding specified limits.
