Source-linked notes checked against official department information. Last reviewed: 29 September 2026. Always check the full notification and applicability for your case.
Important: These summaries are general information, not advice for a particular taxpayer. Deadlines and requirements can differ by category, extension or case facts. Verify the latest official source before acting.
FADS 2026: Form 1 declaration window is open for eligible taxpayers
The Income Tax Department’s Form 1 user manual describes the Foreign Assets of Small Taxpayers Disclosure Scheme (FADS) 2026 and lists the declaration window as 16 August to 31 December 2026. Eligibility, asset or income category, amount payable and prescribed conditions vary; read the official scheme material and get case-specific advice before filing.
AY 2026–27 dates extended for specified audit cases
CBDT announced that for persons in the specified audit category referenced in the release, the income-tax return date moves from 31 October to 21 November 2026, and the corresponding audit-report specified date moves from 30 September to 21 October 2026. These dates are not a blanket extension for every taxpayer or every kind of audit; read the release and formal order and confirm the category that applies.
Specified professional registration and revised forms
The department’s notice says the registration deadline for Registered Valuers and Authorised Income-tax Practitioners is extended to 31 March 2027 and revised Forms 169 and 171 are introduced. This is relevant only to covered persons; check the notification for eligibility and procedure.
TDS reporting for certain non-resident property transactions
The department lists an update to TDS reporting requirements and Forms 132 and 141 for certain property transactions involving non-resident sellers. Review the official notification and confirm whether the transaction falls within its scope.
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Page prepared 29 September 2026. Official links may change; consult the latest department notice and a qualified professional for case-specific advice.
