INCOME TAX2 Sept 2026
New Income Tax Order Issued Under Section 45(3)(b)
Notification No. 7/2026 has been issued. It contains an order passed under section 45(3)(b) of the Income Tax Act, 2025, read with Rule 35 of the Income Tax Rules, 2026. This order is relevant for taxpayers who are covered by this specific provision. Since the notice is now official, you should understand whether it applies to your situation and then take informed action.
Key Statutory Highlights
- Notification No. 7/2026 has been issued by the tax authorities.
- It is an order under section 45(3)(b) of the Income Tax Act, 2025.
- The order is read with Rule 35 of the Income Tax Rules, 2026.
Actionable Advice for Taxpayers / Founders:Check if this order or provision applies to your tax position; consult a qualified tax advisor if you are unsure, rather than assuming it does not affect you.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief passed the displayed source checks. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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