CBDT Notification 136/2026, dated 19 October 2026, specifies that the New Development Bank need not deduct tax on qualifying interest payments to resident or specified foreign institutional investor holders of Maharajah INR Bonds issued during tax year 2026–27 or subsequent tax years. The notification applies from Gazette publication and retains NDB information-reporting obligations.
Source: Central Board of Direct Taxes · Notification No. 136/2026; S.O. 5694(E)
CBDT's Income-tax (Seventh Amendment) Rules, 2026, notified on 19 October, insert Rule 281A and Form 173A for persons claiming specified exemptions on interest and capital gains from government securities under Schedule IV entries 13D and 13E of the Income-tax Act, 2025. The reporting rule takes effect from Gazette publication.
Source: Central Board of Direct Taxes · Notification No. 137/2026; G.S.R. 901(E)
The Income Tax e-Filing Portal lists the latest ITR-6 offline utility release dated 16 October 2026 for Assessment Year 2026-27. Companies should use the latest available utility and confirm current schema requirements.
Source: Income Tax Department – e-Filing Portal · ITR-6 Offline Utility v1.0.1 / AY 2026-27
The notification specifies the jurisdiction-based administrative subordination of Joint Commissioners (Appeals) and Additional Commissioners (Appeals) to Principal Chief Commissioners or Chief Commissioners of Income-tax.
Source: CBDT / Income Tax Department · Notification No. 133/2026; S.O. 5368(E)
CBDT has amended the Income-tax Rules, 2026 and substituted Form 161 for applications seeking waiver of penalty under section 440(2) of the Income-tax Act, 2025.
Source: CBDT / Income Tax Department · Notification No. 134/2026; G.S.R. 871(E)
CBDT Notification No. 134/2026 dated 8 October 2026 notified the Income-tax (Sixth Amendment) Rules, 2026. Rule 231 now refers to waiver as well as imposition of penalty, and revised Form 161 prescribes particulars for an application seeking waiver under section 440(2) of the Income-tax Act, 2025.
Source: Central Board of Direct Taxes · Notification No. 134/2026; G.S.R. 871(E)
The Central Board of Direct Taxes has extended the specified date for furnishing tax audit reports for AY 2026-27 to October 21, 2026, and the related income tax return filing due date to November 21, 2026.
Source: Central Board of Direct Taxes · Circular No. 07/2026 (F. No. 225/128/2026/ITA-II)
For the specified class of taxpayers for AY 2026-27, CBDT Circular No. 07/2026 extends the audit-report filing deadline to 21 October 2026 and the income-tax return deadline to 21 November 2026.
Source: CBDT / Income Tax Department · Circular No. 07/2026
The Central Board of Direct Taxes has notified the Income-tax (Fourth Amendment) Rules, 2026, extending the compliance deadline for valuer registrations under Section 514 to March 31, 2027.
Source: Central Board of Direct Taxes · Notification No. 120/2026 / G.S.R. 822(E)