Model Standing Orders 2026 The Gazette of India CG-DL-E-08052026-272341 EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 2221] NEW DELHI, FRIDAY, MAY 8, 2026/VAISAKHA 18, 1948 MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 8th May, 2026 S.O. 2312(E).—In exercise of the powers conferred by sub-section (1) of section 29 of the Industrial… Read More »
ITR 4 FILING ONLINE 2026-27 ! INCOME TAX LATEST UPDATE Summary This detailed guide explains how to file ITR-4 (Sugam) for Assessment Year (AY) 2026-27, focusing on small businessmen and professionals under the Presumptive Taxation Scheme. Key points covered include: Eligibility: Individuals and HUFs with income up to ₹50 lakh from business (Section 44AD), profession… Read More »
ITR FILING START DATE AND KEY UPDATE AY 2026-27! INCOME TAX LATEST UPDATE [Video] ITR FILING START DATE AND KEY UPDATE AY 2026-27! INCOME TAX LATEST UPDATE Summary This video provides a critical update for Assessment Year (AY) 2026-27 regarding the commencement of Income Tax Return (ITR) filing. It highlights that the Income Tax Department… Read More »
Schedule ESR – Expenditure on scientific Research etc. (Deduction under section 35 or 35CCC or 35CCD) AY 2026-27 Schedule ESR in the Income Tax Return forms deals with expenditure on Scientific Research and related deductions under sections 35, 35CCC, and 35CCD of the Income Tax Act. In this schedule, taxpayers must disclose details of various scientific research expenses for… Read More »
Schedule CG – Detail of Capital Gains AY 2026-27 Schedule CG in the Income Tax Return (ITR) forms is used to report capital gains earned from the sale or transfer of capital assets. This schedule requires taxpayers to declare the nature of capital assets sold, such as land, buildings, shares, mutual funds, bonds, or other… Read More »
Schedule 115AD(1)(b)(iiii)-Proviso – Sale of specified equity share AY 2026-27 ‘Schedule 115AD’ deals with the reporting of long-term capital income of a specified fund or a Foreign Institutional Investor. This schedule seeks details of gains where Securities Transaction Tax (STT) is paid and section 112A applies. The schedule captures detailed information for each transaction, including: Whether the… Read More »
Schedule VDA – Virtual Digital Asset AY 2026-27 Schedule VDA in the Income Tax Return (ITR) reports income arising from the transfer of Virtual Digital Assets (VDAs). It requires taxpayers to furnish detailed transaction-wise information for every transfer of VDAs during the financial year. The information to be disclosed includes the serial number of each… Read More »
Schedule OS – Income from other sources AY 2026-27 Income from other sources is a residuary head of income and sweeps in all such incomes that fall outside the other four heads of income. However, certain incomes will always be taxable under the head’ income from other sources’, inter alia, winnings from lotteries, gifts, interest… Read More »
ITR 4 filing AY 2026-27 check these 10 Key Points before filing to Avoid Notice For Assessment Year (AY) 2026-27, the ITR-4 (Sugam) form is a simplified return designed for small taxpayers opting for presumptive taxation. You can file this form if you meet the specific residency, income, and profession criteria outlined by the Income… Read More »
Schedule CYLA – Details of Income after set-off of current year’s losses AY 2026-27 ‘Schedule CYLA’ (Current Year’s Loss Adjustment) in the Income Tax Return (ITR) form reports and adjusts losses incurred during the current assessment year against income earned under various heads. It applies to taxpayers who have incurred losses in heads such as… Read More »