Income Tax : Section 270 of the Income-tax Act, 2025 consolidates return processing and scrutiny assessment into one framework while introducin...
Income Tax : Section 268 of the Income-tax Act, 2025 brings inquiry, information gathering and special audit provisions into one structured fra...
Income Tax : Rule 46(8) mandates daily backups of electronic books on servers located in India, strengthening digital tax compliance and data i...
Income Tax : From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Busine...
Income Tax : From April 1, 2026, PAN holders travelling abroad must submit Form 156 under the Income-tax Act, 2025. Learn the filing process an...
Income Tax : Rules 307–311 of the Draft Income-tax Rules, 2026 outline how pension funds must purchase annuities, restrict commutation, preve...
Income Tax : Draft Income-tax Rules 2026 prescribe definitions, trust conditions, investment rules, and limits on employer contributions for ap...
Income Tax : Draft Income-tax Rules 2026 outline procedures for provident fund recognition, penalties for assigning PF interest, and tax treatm...
Income Tax : Draft Income-tax Rules 2026 require provident fund nominations to favour family members and mandate annual account reporting by tr...
Income Tax : Rule 333 mandates electronic tax payments for companies and specified taxpayers, while the draft rules also prescribe detailed dep...
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 : CBDT introduced Income-tax Rules, 2026 to operationalize the Income-tax Act, 2025. The rules standardize procedures on valuation, ...
Draft Rule 273 of the Income-tax Rules, 2026 explains how film distributors can claim deduction for the cost of acquiring distribution rights depending on commercial release timing and sale or exhibition of rights.
Draft Rule 272 of the Income-tax Rules, 2026 explains when film producers can claim deduction of production costs depending on release timing, exhibition, and sale of rights.
Rule 271 of the Draft Income-tax Rules 2026 prescribes taxable percentages for income from rubber, coffee, and tea. Only a specified portion is treated as taxable business income.
Rules 269–270 of the Draft Income-tax Rules 2026 clarify how interest under Section 533(2)(u) is calculated and how income partly from agriculture and partly from business is determined.
Rules 266–268 of the Draft Income-tax Rules 2026 define procedures for inquiries, replacement of Inquiry Officers, and grant civil court powers to authorities during disciplinary proceedings.
Rules 262–265 of the Draft Income-tax Rules 2026 prescribe the procedure for issuing a charge-sheet, conducting inquiries, and passing disciplinary orders against income-tax practitioners accused of misconduct.
Rules 258–261 of the Draft Income-tax Rules 2026 lay down provisions for cancellation of registration certificates, removal of practitioners from the register, and mandatory inquiry before disqualification.
Draft Rules 254–257 establish procedures for authorised representation, registration, and certification of income-tax practitioners under Section 515 of the Income-tax Act.
Draft Rules 252 and 253 specify the educational qualifications required for authorised income-tax practitioners and define “business relationship” to avoid conflicts of interest.
Draft Rules 250 and 251 of the Income-tax Rules 2026 define key terms related to income-tax practitioners and recognise specific accountancy examinations for eligibility under Section 515.
