Automatic Exchange of Information reporting authorized for Annual Information Statement uploads in Form 26AS, with procedure standards to be specified.
Authority is conferred on the Director General of Income-tax (Systems), Delhi to upload in the Annual Information Statement in Form No. 26AS information received under the Automatic Exchange of Information framework under agreements referred to in sections 90 and 90A of the Income-tax Act, 1961. The authorization covers specified periods and requires the Director General to specify the procedures, formats and standards for uploading the information in Form No. 26AS.

Condonation of delay in Form No. 10AB filing allows late 80G renewal applications to be decided on merits.
Condonation of delay is provided for electronic filing of Form No. 10AB for renewal of approval under clause (ii) of the first proviso to section 80G(5), where the prescribed application was furnished between 01.10.2025 and 31.03.2026. The jurisdictional Principal Commissioner of Income-tax or Commissioner of Income-tax is authorised to dispose of such applications on merits and pass orders on or before 31.12.2026. No automatic entitlement to approval follows from this condonation.

Compulsory scrutiny guidelines set selection parameters for survey, search, reassessment, exemption claims, recurring additions, and tax-evasion information.
Guidelines prescribe compulsory selection of returns for complete scrutiny in Financial Year 2026-27 on specified parameters, including survey cases, search or requisition cases, notice under section 148 cases, cancelled or withdrawn registration or approval with exemption claims, recurring additions in earlier years above prescribed thresholds, and cases involving specific tax-evasion information. The instructions also set out approval, transfer, NaFAC processing, service of notice under section 143(2), document upload requirements, and separate treatment for International Taxation and Central Charges cases.

Safe harbour rules for rough diamond sales clarify eligibility, tax rate, deductions, withholding tax, and invalidation conditions.
Clarifications are issued on the safe harbour regime for a foreign company engaged in the sale of rough diamonds in Special Notified Zones. The circular states that only diamonds meeting every element of the definition of raw diamonds are covered, that sorted diamonds are excluded, and that a Kimberley Process Certificate alone is insufficient. It also clarifies the tax rate, denial of deductions, the application of DTAA credit, withholding tax, separate taxation of an Indian trader, invalidation for incorrect facts or concealment, and the position where no safe harbour option is exercised.

Document Identification Number rules for income-tax communications allow limited exceptions, post-facto approval, and system upload requirements.
DIN requirements for income-tax communications apply to notices, orders, summons and similar correspondence issued to persons other than officers or authorities, and DIN may be referenced by attachment, email mention or other mode without needing every page to carry DIN. Public communications are excluded. Exceptional cases permit issue without DIN, but the communication must state the reason, obtain post-facto approval within 15 days, and be uploaded on the system within 15 working days with appropriate DIN referencing.

Sovereign wealth fund notification framework sets application and quarterly reporting requirements for investment-linked tax exemption eligibility.
Notification framework for Sovereign Wealth Funds under Schedule V of the Income-tax Act, 2025 provides the procedure for notification and reporting. A fresh applicant must file Form I with the designated CBDT Member, while already notified funds need not reapply. Every notified sovereign wealth fund must file a return of income with audit report and submit a quarterly electronic Form II statement within one month of each quarter end for each investment made.

TDS certificate timeline extended for portal-related delays, with certificates issued in the extended period treated as timely.
Section 119 of the Income-tax Act, 1961 extends the due date for issuance of TDS certificates under section 203 read with rule 31 for the quarter ending 31 December 2025. The extension is granted because deductors faced delays caused by technical glitches on the e-filing portal, which impeded timely generation and issue of certificates within the prescribed period. The revised due date is extended to 31 March 2026, and any TDS certificate issued within the extended period is to be treated as having been issued within the prescribed time.

Condonation of delay in Form 10A filings clarified for trust registration under the income tax law.
Power to condone delay in filing Form No. 10A for registration under section 12A(1)(ac)(i) is clarified to rest with the jurisdictional Principal Commissioner of Income-tax or Commissioner of Income-tax. Although the Director of Income-tax (Centralized Processing Centre), Bengaluru remains the statutory authority to issue registration upon applications in Form 10A, the authority to condone delay in filing such applications lies with the jurisdictional Principal Commissioner or Commissioner.