Form 141 Income Tax Rules 2026 pdf download (Earlier Form 26QB/26QC/26QD/26QD/26QR) under Income Tax Act 2025 read with Income tax Rules 2026 Form 141 Income Tax Rules 2026 pdf download (Earlier Form 26QB/26QC/26QD/26QD/26QR) under Income Tax Act 2025 read with Income tax Rules 2026 FORM NO. 141 [See rules 218(3) and 219(5)] Challan-cum-statement of deduction… Read More »
ITR filing Last Date FY 2025-26 AY 2026-27 I ITR filing Due date AY 2026-27 ITR filing Last Date FY 2025-26 AY 2026-27 I ITR filing Due date AY 2026-27 For AY 2026-27 (Financial Year 2025-26), the standard ITR filing due date for salaried individuals is 31 July 2026, but a new tiered system introduced… Read More »
Finance Bill 2026: Government Clarifies 12% Surcharge on Promoter Buybacks The Ministry of Finance has issued a formal clarification regarding the recent amendments to the Finance Bill, 2026. The update specifically addresses the tax implications for company promoters involved in share buybacks under Section 68 of the Companies Act, 2013. The clarification aims to distinguish… Read More »
Finance Bill 2026 Amendments: Easing Reassessments and Retrospective Validation to Curb Tax Litigation Finance Minister Nirmala Sitharaman has moved a series of crucial amendments to the Finance Bill, 2026, in the Lok Sabha. These changes are designed to provide a smoother transition to the new Income-tax Act, 2025 (effective April 1, 2026) while providing immediate… Read More »
Failure of a Resolution Professional (RP) to file returns constitutes “Genuine Hardship” for the new management. The Facts: During the Corporate Insolvency Resolution Process (CIRP), the erstwhile management was suspended, and the RP was in control. The RP failed to conduct statutory audits or file Income Tax Returns (ITR) for AY 2018-19 and 2019-20. Once… Read More »
Income-tax Exemption Notification for Haryana Shehri Vikas Pradhikaran (HUDA) for Assessment Year 2024-25 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1576(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of… Read More »
Income-tax Exemption Notification for Varanasi Development Authority Under Section 10(46A) for Assessment Year 2025-26 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1578(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43… Read More »
Income-tax Exemption Notification for Patiala Urban Planning and Development Authority (Assessment Year 2024-25) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1577(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of… Read More »
CBDT Notification Exempting Specified Income of Visakhapatnam Special Economic Zone Authority Under Section 10(46) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1579(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the… Read More »
RBI, IRDAI and SEBI Intensify Measures to Help Citizens Reclaim Unclaimed Deposits Simplified claim processes, digital portals and regulatory reforms enhance access, transparency and faster claim settlement Unclaimed financial assets amounting to ₹5,777 crore returned across 22.95 lakh claims under “आपकी पँजूी, आपका अधिकार – Your Money, Your Right” nationwide campaign Posted On: 24 MAR… Read More »