banner_ad

Income Tax News


Income Tax Department Launches Utility to Compare IT Act, 1961 with IT Act, 2025

   23 March 2026 at 09:26

Income Tax Department launches utility to compare Income-tax Act 1961 with Income Tax Act 2025, helping taxpayers map sections and understand new provisions.

Posted in Income Tax |   4665 Views


CBDT Issues FAQs & Guidance Notes on New ITR Forms Under Income Tax Rules, 2026

   23 March 2026 at 09:26

CBDT releases FAQs and guidance on new ITR forms under Income-tax Rules 2026, clarifying filing formats, tax year concept, and compliance for FY 2026-27.

Posted in Income Tax |   5487 Views


CBDT Releases FAQs on Transition to Income Tax Act 2025 Effective 1st April 2026

   23 March 2026 at 09:26

Income Tax Act 2025 transition FAQs by CBDT clarify tax year shift, pending cases, TDS rules and taxpayer compliance for FY 2026-27.

Posted in Income Tax  1 comments |   32778 Views


CBDT Notifies Income Tax Rules 2026: Key Changes to Take Effect from 1st April

   21 March 2026 at 10:40

Income-Tax Rules 2026 notified by CBDT to take effect from April 1. Check key changes in dividend rules, stock exchange recognition, capital gains, and non-resident taxation.

Posted in Income Tax |   11664 Views


CBDT Directs IT Offices to Stay Open on 31st March 2026 for Financial Year-End Work

   21 March 2026 at 10:40

Income Tax offices will remain open on March 31, 2026, despite Mahavir Jayanti, as per the CBDT's Section 119 order to ensure smooth financial year-end compliance and pending work completion.

Posted in Income Tax |   3093 Views


Net Direct Tax Collections Rise 7.19% to Rs 22.8 Lakh Crore in FY26

   20 March 2026 at 09:31

India’s net direct tax collections grow 7.19% to Rs 22.8 lakh crore as of March 17, 2026, driven by strong advance tax payments and improved compliance.

Posted in Income Tax |   1422 Views


Finance Ministry Clarifies No Legal Definition of HNIs Under Income Tax Act

   20 March 2026 at 09:30

Government clarifies no legal definition of HNIs under the Income-tax Act. Asset disclosure threshold raised to Rs 1 crore, with stricter foreign asset reporting and enhanced data-driven tax compliance measures.

Posted in Income Tax |   4377 Views


CBDT Corrects Income Tax Amendment Rules 2026 Name via Corrigendum

   18 March 2026 at 09:27

CBDT issues corrigendum to Income-tax Amendment Rules 2026, renaming them as "First Amendment Rules, 2026." Check key details and implications.

Posted in Income Tax |   2499 Views


Raghav Chadha Proposes Optional Joint Income Tax Filing for Married Couples in Parliament

   17 March 2026 at 09:22

Raghav Chadha proposed optional joint filing of Income Tax Returns for married couples in Parliament, highlighting tax disparities between single-income and dual-income households.

Posted in Income Tax |   915 Views


Over 50 Lakh ITRs Revised After Tax Department Flags Bogus Deduction Claims, Refunds Drop by Rs 2000 Crore

   17 March 2026 at 09:21

More than 50 lakh income tax returns were revised after the tax department flagged incorrect deduction claims under Section 80G, reducing refund claims by Rs 2,000 crore, CBDT chief said.

Posted in Income Tax |   4245 Views



Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details