How to make NRI TDS Payment on sale of property after 1st april 2026 How to make NRI TDS Payment on sale of property after 1st april 2026 Under the new Income-tax Act, 2025 (effective from April 1, 2026), the process for deducting and depositing TDS on the sale of property by a Non-Resident Indian… Read More »
Madras High Court: Portal Notice Valid but Personal Hearing Mandatory Before Passing Ex Parte GST Order. Facts of the Case The Notice: The Department uploaded the Show Cause Notice (SCN) and subsequent reminders solely on the “View Additional Notices” tab of the GST Portal. The Default: The Petitioner did not see the notices, failed to… Read More »
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 »
RULE 165 INCOME-TAX RULES 2026 RULE 165 INCOME-TAX RULES 2026 Furnishing of updated return of income under section 263(6) read with sub-section (2) of said section. 165. (1) The return of income to be furnished by any person, eligible to file such return under section 263(6), shall be in the Form ITR-UN and be verified in… Read More »
Notification under Section 90(1) of the Income tax Act, 1961 for notifying the MoU for Assistance in Collection of Taxes as Mode of Application of Article 26A of the Convention between the Government of the Republic of India and the Government of Japan for the avoidance of double taxation and the prevention of fiscal evasion… Read More »
Notification on interest rates on Special Deposit Scheme and other Schemes MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 1st April, 2026 F. No. 5(3)-B(PD)/2023.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of… Read More »
Notification u/s 10(46A) in the case of Rajasthan Electricity Regulatory Commission MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st March, 2026 S.O. 1664(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 1961), (hereinafter referred… Read More »
CBIC introduces one-time relief measure for eligible units in SEZs to sell manufactured goods in Domestic Tariff Area (DTA) at concessional customs duty rates to address concerns arising due to global trade disruptions, as announced in Union Budget 2026–27 Relief to be effective from April 1, 2026 to March 31, 2027 via Customs notification with… Read More »
Income-tax Act, 2025 comes into force from today (1st April, 2026) Posted On: 01 APR 2026 8:37PM by PIB Delhi The Income-tax Act, 2025, a landmark reform in India’s direct tax framework, represents a comprehensive effort to simplify and modernise the country’s income-tax law, replacing the six-decade-old Income-tax Act, 1961. It marks a shift towards… Read More »
In a targeted relief, Government grants full customs duty exemption on critical petrochemical products in view of ongoing conflict in West Asia Exemption will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components, other manufacturing segments and provide relief to consumers of final products Posted On: 02… Read More »