INCOME TAX16 Sept 2026
Notification No. 3 of 2026: Procedure for registration of reporting person/entity and submission of Form No. 98 as per rule 160 of the Income-tax Rules, 2026
A new notification, No. 3 of 2026, is out. It lays down the procedure for a reporting person or entity to register, and for filing Form No. 98. Both come under rule 160 of the Income-tax Rules, 2026. If you are a reporting person or entity, check whether this applies to you and register early, so your reporting stays on track.
Key Statutory Highlights
- Notification No. 3 of 2026 sets out the procedure for registration of a reporting person or entity.
- The same notification covers the submission of Form No. 98.
- Both the registration and the form fall under rule 160 of the Income-tax Rules, 2026.
Actionable Advice for Taxpayers / Founders:If you may be a reporting person or entity, check this notification with your tax advisor and complete the registration and Form No. 98 steps early.
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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