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 Rule 187 mandates comprehensive maintenance of books, corpus records, investment details, and related-party transaction documentation by registered non-profit organisations to ensure transparency and long-term compliance.
Draft Rules 184 to 186 require registered non-profit organisations to electronically file Forms 108, 109, and 110 within the return due date for deemed application, income accumulation, and change of purpose, ensuring strict procedural compliance.
Draft Rules 182 and 183 require registered non-profit organisations to compute commercial gains separately and tax any benefits extended to related persons at fair value, ensuring transparency and preventing diversion of charitable resources.
Rule 181 of the Draft Income-tax Rules, 2026 introduces a unified electronic application system for non-profit registration and tax approval, detailing forms, authorities, cancellation, surrender, and re-application procedures.
Draft Rule 180 prescribes Form ITR-BL and electronic filing modes for block assessments, ensuring standardized reporting and verification of undisclosed income.
Draft Rules 178 and 179 mandate specific forms for TDS credit applications and notices of demand, ensuring standardized compliance and administrative clarity.
Draft Rule 177 requires successor entities to file a digitally verified ITR-A and empowers the Assessing Officer to modify assessments to reflect business reorganisation orders.
Draft Rule 176 lays down a comprehensive, technology-driven framework for faceless assessment, reassessment, and recomputation to ensure transparency, automation, and reduced discretion in tax proceedings.
Draft Rules 174 and 175 specify inspection hours for Valuation Officers and designate the competent authority for issuing notices under section 270(8), ensuring procedural clarity and accountability.
Draft Rule 173 clarifies jurisdiction of Valuation Officers by prescribing value thresholds and supervisory powers to ensure structured and efficient asset valuation under the Income-tax Act.
