Tezzbuzz Desk- CBDT has made many changes in Income Tax Rules 2026. The deadline for registration of valuers and income tax practitioners has been extended to March 31, 2027.
The Central Board of Direct Taxes (CBDT) has made several important amendments in the Income Tax Rules 2026. These changes will impact the processes related to taxpayers, valuers and income tax professionals. CBDT has also made necessary changes in the format of Form 169 and Form 171. Under the new amendments, relief has been given to those who have registered as valuers. The deadline for registration under Rule 246 was earlier 30 September 2026, which has now been extended to 31 March 2027. That means applicants will get additional time of about six months.
Similarly, the deadline for registration of Income Tax Practitioners registered under Rule 256 has also been extended from 30 September 2026 to 31 March 2027. CBDT has also made changes in Rule 176. In this, instead of 'by applying digital signature', the terminology 'through electronic communication' has been used. With this, the process of communication by the tax department has been made more comprehensive.
Apart from this, the provisions related to tax recovery in Rule 225 have been amended. Under the amendment, some provisions related to arrest and detention have been removed from the rules.
The deadline for tax audit for the financial year 2026-27 is set for September 30, 2026. Taxpayers on whom tax audit is applicable under Section 44AB will have to get their accounts audited by a chartered accountant and submit the tax audit report on the e-filing system as per the prescribed procedure.