https://www.taxtmi.com/highlights?id=88187 CBDT issued Income-tax (Sixteenth Amendment) Rules, 2025, amending Form ITR-6 in Income-tax Rules, 1962. The amendment takes effect from 1st April, 2025, with retrospective application. The notification, issued under sections 139 and 295 of Income-tax Act, 1961, introduces modifications to tax reporting requirements. An explanatory memorandum confirms no adverse impact on taxpayers. The amendment aims to streamline income tax documentation and reporting procedures for specified entities. en-us Thu, 08 May 2025 18:28:09 +0530 Thu, 08 May 2025 18:28:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88187 CBDT issued Income-tax (Sixteenth Amendment) Rules, 2025, amending Form ITR-6 in Income-tax Rules, 1962. The amendment takes effect from 1st April, 2025, with retrospective application. The notification, issued under sections 139 and 295 of Income-tax Act, 1961, introduces modifications to tax reporting requirements. An explanatory memorandum confirms no adverse impact on taxpayers. The amendment aims to streamline income tax documentation and reporting procedures for specified entities. Highlights Income Tax Thu, 08 May 2025 18:28:09 +0530 https://www.taxtmi.com/highlights?id=88187