The Income Tax Act, 2025 came into effect from 1 April 2026, replacing the Income Tax Act, 1961 for the […]
Income Earned Before April 2026 but Dispute Continues Now — Which Tax Law Applies? Read More »
The Income Tax Department has launched a nationwide verification exercise into certain foreign remittances after data analytics and ground-level intelligence
Foreign Remittances Under Income-Tax Scrutiny: What Businesses Should Review Read More »
Businesses that had prepared their ERP or logistics systems for the proposed August e-Way Bill changes should note an important
Prepared Your ERP for the New E-Way Bill Rules? Check Before Going Live Read More »
The transition to the Income-tax Act, 2025 does not create a missing assessment year or require businesses to change their
Old Act or New Act? The Transaction Date Changes the Answer Read More »
CBDT issued Notification No. 80/2026 dated 13 July 2026, providing exemption from TDS for specified payments received by eligible units
CBDT notified the Income-tax (Third Amendment) Rules, 2026 through Notification No. 97/2026 dated 27 July 2026, introducing Form ITR-BN and
Search or Requisition Case? A New Income-Tax Return Form Now Applies Read More »
he Income Tax Department has enabled the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 on the e-Filing portal. This
Forgot to Report Foreign Assets in Your ITR? Here’s a New Opportunity Read More »
From 1 April 2026, the Income Tax Department has introduced Form 141, a new consolidated Challan-cum-Statement for certain TDS payments
Paying Rent or Buying Property? TDS Reporting Has Changed Read More »
If you miss the due date for filing your Income Tax Return for AY 2026-27, you can still file a
Missed the ITR Filing Due Date? What Happens Next? Read More »
Filing an Income Tax Return and becoming eligible for a refund does not necessarily mean that the refund will be
Why Is Your Income Tax Refund on Hold Even After Filing Your ITR? Read More »