Income Tax News

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 | 16260 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 | 4656 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 | 11961 Views

Income Tax Act 2025 Quiz on MyGov: Eligibility, Last Date and Prize Money

14 April 2026 at 10:06

Participate in the Income Tax Act 2025 quiz on MyGov. Answer 10 questions in 300 seconds and stand a chance to win Rs 10,000. Check details now!

Posted in Income Tax | 1311 Views

New Form No. 143 Replaces Form 27EQ for TCS Quarterly Returns from April 2026

13 April 2026 at 09:12

The Income Tax Department has replaced Form 27EQ with the new Form No. 143 for TCS quarterly filing under the Income-tax Act, 2025. Learn about the structure, filing schedule, key features and who must file starting April 2026.

Posted in Income Tax | 1 comments | 5175 Views

CBDT Issues Corrigendum to ITR Forms 2026

13 April 2026 at 09:12

CBDT corrigendum dated April 10, 2026 introduces key corrections in ITR-1, ITR-4 and multiple schedules. Read detailed form-wise changes and compliance impact.

Posted in Income Tax | 6534 Views

Shri Anand Kumar Pal Appointed Chief Adviser (Cost) in Ministry of Finance from 10th April 2026

11 April 2026 at 09:23

Shri Anand Kumar Pal, a 1997-batch ICoAS officer, assumes charge as Chief Adviser (Cost) in the Department of Expenditure, Ministry of Finance from April 10, 2026

Posted in Income Tax | 177 Views

Income Tax Department Replaces Form 49AA with New Forms 95 & 96 for PAN Applications (2026)

11 April 2026 at 09:17

The Income Tax Department has replaced the erstwhile Form 49AA with two simplified forms Form No. 95 and Form No. 9, effective from April 1, 2026, under the Income-tax Act, 2025. Learn who must file, what documents are required and key changes.

Posted in Income Tax | 4263 Views

New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors

10 April 2026 at 09:13

India's new Income Tax Rules 2026 make PAN, AIN, CIN and proof documents mandatory in TAN applications. Form 49B is gone - here's what your organisation needs to update immediately.

Posted in Income Tax | 7212 Views