One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by ...
Income earned in FY 2025-26 (April 1, 2025 to March 31, 2026) will continue to be governed by the Income Tax Act, 1961 and ...
The new Act retains existing TDS rates and thresholds while reorganising provisions. It prioritises simplification and ...