https://www.taxtmi.com/news?id=70574 Draft Income-tax Rules, 2026 operationalise the Income-tax Act, 2025 by consolidating and simplifying subordinate provisions, introducing standardised smart forms and electronic furnishing, and prescribing substantive and procedural rules covering dividend arrangements, stock-exchange recognition, fair market value methodologies for assets and indirect transfers, income determination for non-residents, thresholds for significant economic presence, valuation and transfer-pricing procedures, perquisites valuation, depreciation rates, notification and approval processes for specified businesses and research approvals, and timelines and audit/reporting obligations tied to returns. en-us Mon, 09 Feb 2026 10:05:45 +0530 Wed, 11 Feb 2026 16:00:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70574 Draft Income-tax Rules, 2026 operationalise the Income-tax Act, 2025 by consolidating and simplifying subordinate provisions, introducing standardised smart forms and electronic furnishing, and prescribing substantive and procedural rules covering dividend arrangements, stock-exchange recognition, fair market value methodologies for assets and indirect transfers, income determination for non-residents, thresholds for significant economic presence, valuation and transfer-pricing procedures, perquisites valuation, depreciation rates, notification and approval processes for specified businesses and research approvals, and timelines and audit/reporting obligations tied to returns. News - Mon, 09 Feb 2026 10:05:45 +0530 https://www.taxtmi.com/news?id=70574