Notifications

The CBDT notifies Income Tax (Second Amendment) Rules, 2026, expanding the definition of "specified fund" to include SEBI and IFSCA-regulated alternative investment funds.

CBDT Amends Income Tax Rules 2026, Expands Definition of ‘Specified Fund’ Under Rule 157

The CBDT has notified the following payments receivable by IFSC Units as eligible for TDS exemption under the Income-tax Act, 2025.

CBDT Issues Notification for Exemption from TDS on Certain Payments to IFSC Units under Income-tax Act, 2025

The CBDT notifies of TDS exemption on aircraft leasing payments to IFSC units opting for a 20-year tax deduction under section 147 of the Income Tax Act, 2025.

CBDT Notifies TDS Exemption on Aircraft Lease Payments to IFSC Units Under 20-Year Tax Deduction Scheme 

The CBDT notifies of TDS exemption on ship leasing payments to IFSC units with a 20-year deduction option under Section 147 and a mandatory declaration requirement.

CBDT Grants TDS Exemption On Ship Leasing Payments To IFSC Units Under 20-Year Tax Deduction Scheme

Articles

ITR forms for AY 2026-27 now require detailed donation reporting, including transaction reference and IFSC, to improve transparency and prevent false claims.

ITR Filing 2026: Additional Proof Needed for Claiming Donation Exemptions

The Department of Economic Affairs has amended the composition of the International Financial Services Centres Authority (IFSCA) by appointing a new member.

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CBDT Amends Income Tax Rules 2026, Expands Definition of ‘Specified Fund’ Under Rule 157

CBDT Issues Notification for Exemption from TDS on Certain Payments to IFSC Units under Income-tax Act, 2025

CBDT Notifies TDS Exemption on Aircraft Lease Payments to IFSC Units Under 20-Year Tax Deduction Scheme

CBDT Grants TDS Exemption On Ship Leasing Payments To IFSC Units Under 20-Year Tax Deduction Scheme

ITR Filing 2026: Additional Proof Needed for Claiming Donation Exemptions

Govt appoints Aparna Sinha as new member of International Financial Services Centres Authority