Income Tax Form 161 revised: Taxpayers must pay up to 120% additional tax for penalty waiver

CBDT revises Form 161 for penalty waiver, requiring detailed tax disclosures, payment proof and additional tax of 100 percent ...
jurishour

Cess Refund Can’t Be Rejected as Time-Barred Merely for Filing in Wrong Form: CESTAT

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed Bharat Heavy Electrical ...
indianpaycalculator

CBDT notifies new Form 161 to seek tax penalty waiver

CBDT notifies new Form No. 161 to seek waiver of tax penalty under section 440(2), notified on 8 October 2026. Who can use it ...
Tax Guru

ITAT Jaipur Orders Fresh Examination of Section 8 Company’s CSR Activities

Jaipur ITAT condones Form 10AB delay and remands Section 12AB and 80G applications for examination of CSR projects and ...
jurishour

CBDT Revises Penalty Waiver Form

The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Sixth Amendment) Rules, 2026, amending Rule 231 and replacing Form No. 161, which is used to seek waiver of penalty under Section ...

Kyorin University School of Medicine Interview Preparation [For the 2027 Entrance Exam]: How to prepare for your application form and interview day materials to avoi…

Koryaku.com.The interview for Kyorin University School of Medicine is scored. However, the university does not disclose the ...
Timesbull

Income Tax Rule Change: CBDT Revises Form 161 for Penalty Waivers, Check ASAP

The Central Board of Direct Taxes (CBDT) has taken a significant step toward simplifying taxpayers and income tax-related ...
Tax Guru

Section 13(8) of SARFAESI Act: How Long Does Borrower’s Right of Redemption Survive?

Supreme Court rulings on SARFAESI Section 13(8), redemption deadlines, auction notices, Rule 9 and remedies available to ...
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Income tax rules 2026: CBDT revises form 161, taxpayers can apply for penalty waiver

The Central Board of Direct Taxes (CBDT) has revised Form 161 under the Income-tax Sixth Amendment Rules, 2026, notified on ...

CBDT amends Income Tax Form 161 on 8 October: What changes for taxpayers seeking penalty waiver? Expert explains

The CBDT has revised Income Tax Form 161 through a notification dated 8 October. The amendment updates the rules governing ...

Good news: If penalty is imposed for misreporting of income or other cases you can apply for waiver of penalty using revised Form 161; Check the details

On October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows ...
JD Supra

HLC UK Pensions Law Digest 8 October 2026

A bite-sized summary of recent UK pension news Welcome to our latest update, in which we cover: The Pensions Regulator: Chair ...