https://www.taxtmi.com/news?id=55045 The Income Tax Act 1961 is repealed w.e.f. 01.04.2026 under section 536 of the Income Tax Act 2025. Pursuant to section 397(3)(f) of the 2025 Act, deductors/collectors may file prescribed, verified correction statements within two years from the end of the relevant tax year; correction statements for specified quarters of FY 2018-19 to FY 2023-24 will be accepted only up to 31 March 2026 and will be time barred thereafter. en-us Tue, 09 Sep 2025 10:56:16 +0530 Tue, 09 Sep 2025 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=55045 The Income Tax Act 1961 is repealed w.e.f. 01.04.2026 under section 536 of the Income Tax Act 2025. Pursuant to section 397(3)(f) of the 2025 Act, deductors/collectors may file prescribed, verified correction statements within two years from the end of the relevant tax year; correction statements for specified quarters of FY 2018-19 to FY 2023-24 will be accepted only up to 31 March 2026 and will be time barred thereafter. News - Tue, 09 Sep 2025 10:56:16 +0530 https://www.taxtmi.com/news?id=55045