Income Tax News

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 | 894 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 | 225 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 | 2046 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 | 7191 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 | 4464 Views

New ITR-2 Form Notified for AY 2026-27

31 March 2026 at 09:26

CBDT notifies revised ITR-2 form under Income Tax (Third Amendment) Rules 2026. Check key changes, disclosures, and applicability for AY 2026-27.

Posted in Income Tax | 1 comments | 6135 Views

Fugitive Economic Offenders Act Strengthens Crackdown: Rs 15,183 Crore Returned to Banks, FM Tells Lok Sabha

31 March 2026 at 09:23

FM Nirmala Sitharaman informs Lok Sabha: Rs 64,920 crore attached in 1,105 bank fraud cases, Rs 15,183 crore returned to banks under FEOA and PMLA crackdown.

Posted in Income Tax | 525 Views

No TDS Below Threshold: CBDT Clarifies Banking Provisions Under Income Tax Act, 2025

31 March 2026 at 09:23

CBDT clarifies that banks and specified institutions remain exempt from TDS on interest below threshold under the Income-tax Act, 2025, ensuring no change from Section 194A provisions.

Posted in Income Tax | 1 comments | 12354 Views

CBDT Issues New UIN Procedure for Form 121 Declarations from 1st April 2026 Under IT Act 2025

30 March 2026 at 09:30

CBDT Notification 01/2026 introduces mandatory UIN generation for Form 121 and quarterly reporting rules for payers under the Income Tax Act 2025, effective April 1, 2026.

Posted in Income Tax | 1 comments | 6972 Views