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, ...
Form 185 sets format for maintaining provident fund subscriber accounts, including contributions, interest, and balances, with annual summary filing to tax authorities.
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.
