Income Tax News

Income Tax Portal Enables Offline Utility for Forms 145 & 146

18 April 2026 at 10:12

The Income Tax Department has enabled the offline utility for Form 145 and Form 146 on the e-Filing portal. Taxpayers can now download, fill and submit these forms under the Income Tax Act, 2025.

Posted in Income Tax | 384 Views

CBDT Issues Corrigendum to Income Tax Rules 2026: 76 Errors Rectified

18 April 2026 at 10:12

CBDT issues corrigendum to Income Tax Rules notification dated March 20, 2026. Key changes include PAN-only reporting, rule corrections and form updates.

Posted in Income Tax | 1 comments | 5757 Views

EPFO Introduces Form 121 Under New Income Tax Act 2025, Replaces Forms 15G & 15H

17 April 2026 at 09:22

EPFO has announced the replacement of Forms 15G and 15H with the new Form 121 under the Income Tax Act 2025, effective April 1, 2026. Know eligibility, filing process, UIN rules and compliance requirements.

Posted in Income Tax | 1 comments | 6111 Views

Form 43 FAQs 2026: Filing Process & Eligibility Explained

17 April 2026 at 09:17

Income Tax Form 43 FAQs explained: Learn purpose, eligibility, filing process and latest 2026 updates for superannuation fund appeals.

Posted in Income Tax | 3240 Views

Form 66 Explained: CBDT Clarifies Book Profit Reporting Rules

16 April 2026 at 09:25

Income Tax Department releases FAQs on Form 66 explaining applicability, due date, filing process, and book profit computation under Income-tax Act 2025.

Posted in Income Tax | 4230 Views

Income Tax Department Issues Key FAQs on Form 16 for Salaried Taxpayers

16 April 2026 at 09:25

Income Tax Department clarifies key Form 16 FAQs. Know what Form 16 is, its importance, issuance rules, and how it helps in accurate ITR filing.

Posted in Income Tax | 4446 Views

New Form 188 Replaces Rules 95 & 109: Everything Employers Need to Know

15 April 2026 at 10:08

What is Form 188? Who must file it? What documents are needed? Get answers to all FAQs on the new Income Tax Form 188 for Gratuity and Superannuation Fund approvals.

Posted in Income Tax | 5331 Views

Income Tax Department Clarifies Form 157 FAQs: Key Rules for Individuals Before Leaving India

15 April 2026 at 10:08

Leaving India without PAN or taxable income? Learn everything about Form 157 filing rules, documents, and FAQs issued by the Income Tax Department.

Posted in Income Tax | 16314 Views

Income Tax Act 2025: New Form 75 Reporting for Venture Capital Income

14 April 2026 at 10:06

Form 75 under the Income Tax Act 2025 is a mandatory statement issued by Venture Capital Funds to investors. Learn its applicability, due date, filing process and importance.

Posted in Income Tax | 4674 Views

Income Tax Department Launches New TRACES 2.0 Portal

14 April 2026 at 10:06

Income Tax Department launches revamped TRACES 2.0 portal at traces.tdscpc.gov.in with new features, simplified login and enhanced TDS compliance under Income Tax Act 2025.

Posted in Income Tax | 12330 Views