CBDT Amends Income Tax Rules 2026, Expands Definition of ‘Specified Fund’ Under Rule 157:
The CBDT notifies Income Tax (Second Amendment) Rules, 2026, expanding the definition of "specified fund" to include SEBI and IFSCA-regulated alternative investment funds.
Centre Notifies Second Amendment to Income Tax Rules 2026
Saloni Kumari
Jul 23, 2026
Premium
CBDT Amends Income Tax Rules 2026, Expands Definition of ‘Specified Fund’ Under Rule 157
The CBDT notifies Income Tax (Second Amendment) Rules, 2026, expanding the definition of "specified fund" to include SEBI and IFSCA-regulated alternative investment funds.
Also Read
ITAT Remits Rs 1.65 Crore Unexplained Investment Case for Fresh AdjudicationITAT Holds Uncorroborated Excel Data and Selectively Matched Entries Cannot Sustain AdditionsSupreme Court to Examine Section 147A Validity: Can Jurisdictional Assessing Officers Continue Issuing Reassessment Notices?ITAT Remits Rs 6.76 Lakh TDS Credit Dispute to AO for Factual Verification
About Author
Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
StudyCafe
Delhi, Delhi, India
2762My Recent Articles
- CBI Nabs Senior Secretariat Assistant, MCD, Along With Two Others in Rs 15 Lakh Bribery Case
- Bikaner Tax Consultants Seek Extension of TAR, Forms 10B/10BB and Audited ITRs Due Dates for AY 2026-27
- AIMTPA Requests Finance Ministry to Extend TAR and Audit ITR Due Dates After Workload Mounts
- Will TAR Deadline for AY 2026-27 Be Extended Beyond September 30? Here's Experts' Advise
- Govt Enhances EPFO Wage Ceiling from Rs 15,000 to Rs 25,000; Over 51 Lakh Employees to Fall Under Scope
Up Next
Loading suggestions…
Recent Posts
All Posts
Tags
Recent Posts
All Posts