New Income Tax Act 2025: Draft Forms Tighten HRA Claims, Foreign Tax Credit Rules and Audit Disclosures
The government has released draft income tax forms under the new Income Tax Act, 2025, introducing stricter disclosure requirements for House Rent Allowance claims, foreign tax credits, PAN...
audit observations
companies act 2013
foreign tax credit (ftc)
form 124
form 44
house rent allowance (hra)
income tax
india
pan application
stakeholder consultation
taxaudittaxaudit form no 26
tax compliance
tax deductions
tenant-landlord relationship