INCOME TAX19 Sept 2026
Notification No. 120/2026 [F. No. 370142/30/2026-TPL] / G.S.R. 822(E): Income tax (Fourth Amendment) Rules, 2026
The Income Tax Department has issued Notification No. 120/2026, also numbered G.S.R. 822(E). It brings in the Income Tax (Fourth Amendment) Rules, 2026, meaning the income tax rules have been amended again. Taxpayers and business owners who follow these rules for filings and compliance are affected. The title does not explain the changes, so read the full text and check with your CA.
Key Statutory Highlights
- The Income Tax Department has issued Notification No. 120/2026, which also carries the number G.S.R. 822(E).
- The notification introduces the Income Tax (Fourth Amendment) Rules, 2026.
- The notification gives the file reference F. No. 370142/30/2026-TPL.
Actionable Advice for Taxpayers / Founders:Read the full text of this notification and ask your chartered accountant whether the amended rules affect your filings or compliance.
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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