RULE 7 INCOME-TAX RULES 2026 RULE 7 INCOME-TAX RULES 2026 Procedure for notification of zero coupon bond. 7. (1) An application by an entity, being an infrastructure capital company or infrastructure capital fund or infrastructure debt fund or a public sector company under section 2(112), for notification of any zero coupon bond proposed to be issued… Read More »
RULE 6 INCOME-TAX RULES 2026 RULE 6 INCOME-TAX RULES 2026 Method of determination of period of holding of capital assets in certain cases. 6. (1) For the purposes of section 2(101)(c)(D), the period for which such capital asset is held by an assessee, shall be determined in accordance with the provisions of this rule. (2) For… Read More »
RULE 5 INCOME-TAX RULES 2026 RULE 5 INCOME-TAX RULES 2026 Procedure for notification of a recognised stock exchange for the purposes of section 2(92). 5. (1) An application for notification of a stock exchange as a recognised stock exchange for the purposes of section 2(92) may be made to the Member (Income Tax), Central Board of… Read More »
RULE 4 INCOME-TAX RULES 2026 Conditions that a stock exchange is required to fulfil to be notified as a recognised stock exchange under section 2(92). 4. For the purposes of section 2(92), a stock exchange shall fulfil the following conditions in respect of trading in derivatives:— (a) the stock exchange shall have the approval of the… Read More »
RULE 3 INCOME-TAX RULES 2026 Arrangements for declaration and payment of dividends within India. 3. The arrangements referred to in section 2(42) to be made by a company for the declaration and payment of dividends (including dividends on preference shares) within India shall be as follows: (a) the share-register of the company for all shareholders shall… Read More »
RULE 2 INCOME-TAX RULES 2026 Definitions. 2. (1) In these rules, unless the context otherwise requires,— (a) “Act” means the Income-tax Act, 2025 (30 of 2025); (b) “authorised bank” means any bank as may be appointed by the Reserve Bank of India as its agent under the provisions of sub-section (1) of section 45 of the… Read More »
INCOME-TAX RULES 2026 [G.S.R. 198(E), DATED 20-3-2026] In exercise of powers conferred by section 533 of the Income-tax Act, 2025 (30 of 2025), the Central Board of Direct Taxes hereby makes the following rules, namely:– Short title and commencement. 1. (1) These rules may be called the Income-tax Rules, 2026. (2) They shall come into force… Read More »
PAN Card New Rules 2026 Income Tax Rules 2026 from 1st April 2026 PAN Card New Rules 2026 Income Tax Rules 2026 from 1st April 2026 Under the Income Tax Rules 2026, the framework for the Permanent Account Number (PAN) has undergone a complete restructuring to simplify compliance, reduce friction, and improve tracking. Here are… Read More »