News

The government has simplified the process of obtaining nil or lower TDS certificates by introducing an online application system effective from April 1, 2026.

Big Relief! Govt Proposes New Electronic Option to Apply for Nil or Lower TDS Certificates; Effective April 2026

Judgement

CPC’s denial of Sections 11–12 benefit at processing stage quashed; delay in filing Form 10B held curable

Late Form 10B Can’t Block Charity Exemption When Audit Report Was Already on Record: ITAT

Notifications

CBDT approves Rajalakshmi University Trust, Chennai for tax benefits on scientific research under Section 35 of the Income Tax Act

CBDT Approves Rajalakshmi University Trust for Scientific Research Under Section 35

Articles

Taxpayers cannot simply upload a belated Tax Audit Report without first paying the applicable late fee.

Late Submission of Tax Audit Report Now Requires Payment of Late Fees

To ease the compliance burden, the government has proposed an amendment to Section 397(1)(c) by exempting resident individuals and HUFs from obtaining a TAN.

Major Relief for Resident Buyers in Budget 2026: No Need for TAN on Property Transactions with Non-Residents

The new disclosure window aims to help NRIs and small taxpayers disclose overseas income and assets with limited penalties.

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Big Relief! Govt Proposes New Electronic Option to Apply for Nil or Lower TDS Certificates; Effective April 2026

Late Form 10B Can’t Block Charity Exemption When Audit Report Was Already on Record: ITAT

CBDT Approves Rajalakshmi University Trust for Scientific Research Under Section 35

Late Submission of Tax Audit Report Now Requires Payment of Late Fees

Major Relief for Resident Buyers in Budget 2026: No Need for TAN on Property Transactions with Non-Residents

Relief for NRIs and Small Taxpayers: FM Introduces One-Time Foreign Income Disclosure Scheme