Tag Archives: Income tax

INCOME-TAX (THIRD AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 332 AND INSERTION OF FORM ITR-BN

By | August 3, 2026

INCOME-TAX (THIRD AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 332 AND INSERTION OF FORM ITR-BN INCOME-TAX (THIRD AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 332 AND INSERTION OF FORM ITR-BN NOTIFICATION G.S.R. 656(E) [NO. 97/2026/F. NO. 370142/11/2026-TPL], DATED 24-7-2026 In exercise of the powers conferred by section 294, read with section 533 of the Income-tax Act,… Read More »

INCOME-TAX (SECOND AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 157

By | July 25, 2026

INCOME-TAX (SECOND AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 157 INCOME-TAX (SECOND AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 157 NOTIFICATION G.S.R. 646(E) [NO. 94/2026/F. NO. 370142/24/2026-TPL], DATED 21-7-2026 In exercise of the powers conferred by section 533 read with section 262 of the Income-tax Act, 2025 (30 of 2025), the Central Board of Direct Taxes hereby makes the following rules further… Read More »

Notification No. 89/2026

By | July 22, 2026

Notification No. 89/2026 Notification No. 89/2026 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi 17thJuly, 2026 (INCOME TAX) No. 89 of 2026-CBDT S.O. 3936(E).—In exercise of the powers conferred by section 2(112)of the Income-tax Act, 2025(30of 2025) read with rules7(5)(b),(c) and7(8)of the Income-tax Rules, 2026, the Central Government hereby… Read More »

Condonation of Delay for Filing Electronic Form 10AB Under Section 80G(5)

By | July 6, 2026

Condonation of Delay for Filing Electronic Form 10AB Under Section 80G(5) CONDONATION OF DELAY IN FILING FORM NO. 10AB ELECTRONICALLY FOR APPROVAL UNDER CLAUSE (ii) OF THE FIRST PROVISO TO SECTION 80G(5) OF THE INCOME-TAX ACT, 1961 CIRCULAR NO. 6/2026 [F. NO. 300176/3/2026-ITA-I], DATED 2-7-2026 Section 80G of the Income-tax Act, 1961 (“the Act”) provides for deduction in… Read More »

In the absence of an FTS clause, Thai company’s technical receipts are non-taxable business profits without an Indian PE.

By | June 20, 2026

In the absence of an FTS clause, Thai company’s technical receipts are non-taxable business profits without an Indian PE. Issue Whether, in the absence of a specific Fees for Technical Services (FTS) clause in the India-Thailand DTAA, payments received by a Thai resident company from Indian group entities for management and technical services can be… Read More »

[VIDEO] TDS ON PROPERTY PURCHASE 2026-27 ! NEW UPDATE PART PAYMENT !

By | May 9, 2026

TDS ON PROPERTY PURCHASE 2026-27 ! NEW UPDATE PART PAYMENT ! Summary This video provides a critical update for property buyers regarding the transition to the new Indian Income Tax rules effective from April 1, 2026. It specifically addresses the confusion surrounding partial payments made before and after the 31st of March deadline. Key takeaways… Read More »

Caught Description Error as Null error in ITR filing

By | April 14, 2026

Caught Description Error as Null error in ITR filing Caught Description Error as Null error in itr filing Errors in ITR filing typically fall into two categories: technical validation errors that occur during the filing process and defective return notices issued after submission. ## Common Validation Errors (Before Filing) These errors prevent you from successfully… Read More »

Documents required for ITR Filing AY 2026-27

By | April 14, 2026

Documents required for ITR Filing AY 2026-27 Documents required for ITR Filing AY 2026-27 Before you start filing your ITR for the Assessment Year (AY) 2026-27 (Financial Year 2025-26), gather the following documents to ensure a smooth and accurate process. Video Explanation of Documetns required for ITR filing Core Identity & Tax Documents PAN and… Read More »

Video NEW INCOME TAX NOTICE u/s 142(1) , REFUND लेके फंसा टैक्सपेयर ! ITR PROCESSING LATEST UPDATE

By | March 19, 2026

Video NEW INCOME TAX NOTICE u/s 142(1) , REFUND लेके फंसा टैक्सपेयर ! ITR PROCESSING LATEST UPDATE

1 अप्रैल 2025 से कौन से Gift मिलने पर इनकम टैक्स देना होगा ! NEW INCOME TAX RULES 2025

By | March 19, 2025

1 अप्रैल 2025 से कौन से Gift मिलने पर इनकम टैक्स देना होगा ! NEW INCOME TAX RULES 2025 New Income Tax Rules 2025 Gift Tax Income Tax Gifts from Relatives Tax-Free Gifts Financial Planning Tax Compliance April 1, 2025 Tax Changes Indian Tax Laws Income Tax Return (ITR) income tax on gift received from… Read More »