RULE 201 INCOME-TAX RULES 2026 Certification of copies of advance rulings pronounced by Board for Advance Rulings under section 384(8). 201. The copy of the advance ruling pronounced by the Board, to be sent to the applicant and to the Commissioner having jurisdiction over his case, shall be certified to be true copy thereof by the… Read More »
TDS on Rent w.e.f 01.4.2026 as per New Income Tax Rules 2026 Under the new Income-tax Act, 2025 (effective April 1, 2026), the provisions for deducting Tax Deducted at Source (TDS) on rent have been consolidated under Section 393(1). The rules depend on whether the payer is a “specified person” (like a company or a… Read More »
RULE 200 INCOME-TAX RULES 2026 Application for obtaining an advance ruling under section 383. 200. (1) An application for obtaining an advance ruling under section 383(1), shall be made by a resident or a non-resident applicant in Form No. 120 and verified in the manner indicated therein in accordance with this rule. (2) The fees payable… Read More »
RULE 197 INCOME-TAX RULES 2026 Application for resolution of dispute before the Dispute Resolution Committee under section 379. 197. (1) An application to the Dispute Resolution Committee shall be made in Form No. 119 by the person, who opts for dispute resolution under section 379 in respect of dispute arising from any variation in the specified… Read More »
TDS on Commission w.e.f 01.4.2026 as per New Income Tax Rules 2026 Under the Income-tax Act, 2025 (effective from April 1, 2026), the provisions for Tax Deducted at Source (TDS) on commission and brokerage payments have been consolidated under Section 393(1). [ Refer Section 393 Income Tax Act 2025 Tax to be deducted at source.]… Read More »
RULE 199 INCOME-TAX RULES 2026 Definitions. 199. For the purposes of rules 196 to 198,— (a) “specified order” in relation to a dispute under section 379 means, — (i) a draft order as referred to in section 275(1); or (ii) an intimation under section 270(1) or section 399(1), where the assessee or the deductor or the… Read More »
RULE 198 INCOME-TAX RULES 2026 Power to reduce or waive penalty imposable or grant immunity from prosecution or both under section 379. 198. (1) The Dispute Resolution Committee shall, upon receipt of intimation as per paragraph 4(1)(xix) of the e-Dispute Resolution Scheme, 2022, for the reasons to be recorded in writing and subject to such conditions… Read More »
RULE 196 INCOME-TAX RULES 2026 Application for resolution of dispute before the Dispute Resolution Committee under section 379. 197. (1) An application to the Dispute Resolution Committee shall be made in Form No. 119 by the person, who opts for dispute resolution under section 379 in respect of dispute arising from any variation in the specified… Read More »
RULE 195 INCOME-TAX RULES 2026 Application under section 376 to defer filing of appeal before Appellate Tribunal or the jurisdictional High Court. 195. The application referred to in section 376(2), required to be made before the Appellate Tribunal or the jurisdictional High Court, as the case may be, shall be made in Form No. 118 by… Read More »
RULE 194 INCOME-TAX RULES 2026 Declaration under section 375. 194. (1) The declaration referred to in section 375(1) shall be in Form No. 117, and shall be verified in the manner indicated therein. (2) The declaration and the verification referred to in sub-rule (1) shall be signed by the person specified in rule 167(3). (3) The… Read More »