Key Highlights
- Effective Date: The Income-tax Act, 2025 (which received Presidential assent in August 2025) is set to come into effect on 1 April 2026.
Purpose of Consultation: To ensure wider stakeholder participation and refine the proposed rules and forms before their final notification.
Core Objectives for Feedback: The department is looking for suggestions specifically in these four areas:
Simplification of Language: Making the rules easier to understand.
Reduction of Litigation: Minimizing legal disputes.
Reduction of Compliance Burden: Easing the process for taxpayers.
Removal of Redundancy: Identifying obsolete rules and forms.
Submission Process: A dedicated utility is live on the e-filing portal. Users can log in using their name and mobile number via OTP-based validation.
Requirement: All suggestions must clearly cite the specific rule, sub-rule, or form number to which the recommendation refers.