CAclubindia News

CBDT Clarifies Reporting Norms for Sovereign Wealth Funds Under IT Act 2025

01 April 2026 at 09:30

CBDT Circular 03/2026 introduces new compliance rules for Sovereign Wealth Funds under the Income-tax Act 2025, including Form I application and quarterly Form II reporting from April 1, 2026.

Posted in Income Tax | 1206 Views

CBDT Notifies New ITR-U Form Under Income Tax Rules 2026

01 April 2026 at 09:29

CBDT introduces updated ITR-U form via Income-tax (Ninth Amendment) Rules, 2026, allowing taxpayers to revise income within 48 months. Check eligibility, penalties and key details.

Posted in Income Tax | 189 Views

India-Brazil Tax Treaty Updated: Government Notifies Amended Protocol to Prevent Tax Evasion

01 April 2026 at 09:25

India notifies amended tax treaty with Brazil to prevent double taxation and curb tax evasion. Check key changes, effective date and impact.

Posted in Income Tax | 63 Views

New ITR-7 Form Notified for AY 2026-27: Impact on Charitable Trusts, NGOs & Institutions

01 April 2026 at 09:24

The CBDT has notified revised ITR-7 form under Income-tax (Seventh Amendment) Rules, 2026, effective March 31, 2026. Check key changes, applicability, and compliance impact for trusts, NGOs and institutions filing returns for AY 2026-27.

Posted in Income Tax | 2829 Views

New ITR-6 Form Released for AY 2026-27

01 April 2026 at 09:24

CBDT has notified the revised ITR-6 form for AY 2026-27 under the Income-tax (Sixth Amendment) Rules, 2026. Check key changes, applicability and impact on companies.

Posted in Income Tax | 117 Views

CBDT Notifies New ITR-5 Form for AY 2026-27

01 April 2026 at 09:24

CBDT notifies new ITR-5 form for AY 2026–27 effective March 31, 2026. Check key changes, new disclosures, tax regime reporting and compliance impact.

Posted in Income Tax | 96 Views

CBDT Releases Updated ITR-1, ITR-4 Forms for AY 2026-27: Key Changes Explained

01 April 2026 at 09:18

CBDT notifies new ITR-1 and ITR-4 forms for AY 2026-27. Check eligibility, key changes, two house property rule and updated tax filing norms.

Posted in Income Tax | 594 Views

Finance Act, 2026 Notified: New Income Tax Rates, Surcharge Structure & Key Changes Explained

01 April 2026 at 09:18

Finance Act 2026 notified with effect from April 1 -check latest income tax rates, surcharge structure, exemption limits and key provisions impacting taxpayers for AY 2026-27.

Posted in Income Tax | 4545 Views

CBDT Notifies New ITR-3 Form for AY 2026-27

31 March 2026 at 09:29

CBDT notifies revised ITR-3 form under Income Tax (Fourth Amendment) Rules 2026. Check key changes, disclosures, tax regime options, and applicability for AY 2026-27.

Posted in Income Tax | 3450 Views