Income tax rules 2026: Govt renumbers key forms, tax audit now form 26, PAN, TDS, ITR forms changed

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...
Tax Guru

Reassessment Notice Invalid as It Was Issued to Non-Existent Entity: Bombay HC

The Bombay High Court quashed reassessment proceedings for AY 2018-19 after finding that the notice under Section 148 was issued in the name of an entity that had already merged and ceased to ...