The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...
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New tax rule: Form 128 to replace Form 13 for nil or lower TDS certificate under Income Tax Act 2025
The updated system introduces Form 128, which taxpayers can use to request a certificate allowing TDS to be deducted at a ...
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...
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New income tax rules: From this day on, all tax accounting will change! These 4 major changes have been made in the new income tax law.
New Income Tax Act: A major chapter is about to be added to India's tax history. The central government has decided to consign the 64-year-old Income Tax Act, 1961, to the pages of history. A ...
The Tribunal ruled that failure to examine whether payees discharged tax liability vitiates proceedings under Section 201. The case was sent back to the AO to verify compliance and re-decide the ...
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New income tax act, easier TDS, STT hike: What Union Budget changed, and didn't, for direct taxes
While some proposals were aimed at providing relief to common taxpayers and easing compliance, others like STT hike will ...
The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...
Officials say data driven checks nudge campaigns and migration to new tax regime curb excess claims while flagged returns face closer scrutiny ...
The Income Tax Department says an unlinked PAN can become inoperative, leading to higher tax deductions and delays in refunds.
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