e-Way Bill System Enhancements Placed On Hold The GSTN has announced that the previously communicated enhancements to the e-Way Bill system have been put on hold indefinitely. These enhancements, which were detailed in advisories issued on June 9th ...

Major Amendments to Income Tax Rules Announced by CBDT The Central Board of Direct Taxes CBDT has issued Notification No. 97/2026, officially releasing the Income-tax Third Amendment Rules, 2026. Key Highlights of the Notification: Introduction...

Enhanced Taxpayer Services: Foreign Asset Information in AIS The Central Board of Direct Taxes CBDT has improved its services for taxpayers. Individuals can now conveniently view their foreign asset details directly within their Annual Information ...

Accessing CRS/FATCA Foreign Asset Data in AIS A new note has been published concerning the availability of Foreign Assets Information, specifically related to Common Reporting Standard CRS and Foreign Account Tax Compliance Act FATCA data. This cru...

TDS Exemption for Eligible IFSC Units The Central Board of Direct Taxes CBDT has issued Notification No. 80/2026 F. No. 275/19/2026-ITB, announcing that certain payments received by eligible units located in International Financial Services Centres...

Income Tax Exemption NotificationThe Central Board of Direct Taxes CBDT has released a notification under Section 1046 of the Income Tax Act. This notification grants income tax exemption to the Mussoorie Dehradun Development Authority for the asses...

Condonation of Delay for Form 10ABThe authorities have announced a condonation of delay for electronically filing Form No. 10AB. This relates to applications seeking approval under clause ii of the first proviso to section 80G5 of the Income-tax Act...

TDS Exemption for Ship Lease Rent to IFSC Units The Central Board of Direct Taxes CBDT has issued Notification No. 75/2026, which addresses the non-deduction of Tax Deducted at Source TDS on lease rent paid for ships. This exemption applies specifi...

TDS Exemption for Aircraft Lease Rent to IFSC Units The Central Board of Direct Taxes CBDT has released Notification No. 74/2026. This notification specifies that Tax Deducted at Source TDS will not be applicable on lease rent paid for aircraft. Th...

Important Update for E-Way Bill Users Dear Stakeholders, The GSTN team has addressed various questions and concerns from taxpayers, trade, and GST Suvidha Providers GSPs regarding key aspects of E-Way Bills. These concerns primarily focused on two...