Notification 52/2026 introduces Form ITR-U, a new document for filing an updated Income Tax Return (ITR). This form exists to help you correct mistakes or…
Income Tax updates
Every Income Tax notification, circular and instruction we have covered, explained in plain English.
81 documents in Income Tax, newest first
Notification 53/2026 confirms that the Rajasthan Electricity Regulatory Commission is exempt from paying income tax. This document exists to formally…
Notification 54/2026 clarifies that the General Anti-Avoidance Rule (GAAR), which allows tax officers to challenge deals designed only to avoid tax, does…
Notification 55/2026 updates the Income-tax Rules to clarify how tax benefits apply to older investments. This change ensures that income from selling…
The Income Tax Department has released the offline utility for ITR-6 for the Assessment Year 2026-27, which is the period used to calculate tax on last…
The Income Tax Department has officially opened the online portal for filing ITR-6, which is the annual income tax return form for companies, for the…
The Income Tax Department has released the offline utility for ITR-7, which is the tax return form for trusts and non-profits, for the assessment year…
The Income Tax Department has released the online form for ITR-7 for the Assessment Year (the year your income is taxed) 2026-27. This update means you…
The Income Tax Department has released the offline utility for ITR-5 for the Assessment Year (the year income is taxed) 2026-27. This tool allows you to…
This update confirms that the Income Tax Department has released the digital tool required to file ITR-5 forms for the 2026-27 assessment year.
This update confirms that the Income Tax Department has released the official Excel tool for filing ITR-6 forms for the 2026-27 assessment year, which is…
Notification 97/2026 introduces Form ITR-BN, a new document required for filing tax returns after the Income Tax Department conducts a search or…
The Central Board of Direct Taxes (CBDT) has added a new feature to the Annual Information Statement (AIS) that shows you what foreign financial data the…
The Central Board of Direct Taxes (CBDT) has added a new 'Foreign Assets Information' section to the Annual Information Statement (AIS). This feature…
Notification 80/2026 allows units in an International Financial Services Centre (IFSC) to receive certain payments without Tax Deducted at Source (TDS)…
This update confirms that the Income Tax Department has released the Excel utility for ITR-7, which is the form used by specific organizations to file…
The Income Tax Department has released the official Excel utility for ITR-5, which is the form used by businesses like firms and LLPs to report their…
Notification 75/2026 explains how businesses can stop deducting Tax Deducted at Source (TDS) when paying ship lease rent to units in an International…
This notification from the Central Board of Direct Taxes (CBDT) confirms that the Mussoorie Dehradun Development Authority does not owe income tax on…
Notification No. 74/2026 allows businesses to pay aircraft lease rent to International Financial Services Centre (IFSC) units without deducting Tax…
