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The Economic Times
The Economic Times
Neelanjit Das

CBDT clarification: All approvals like Nil or lower TDS certificate and existing tax benefits will continue under Income Tax Act, 2025; Here’s what it means for you

CBDT Suresh Surana Income Tax Naveen Wadhwa ET Wealth Online

On June 6, 2026 the Central Board of Direct Taxes (CBDT) issued an office memorandum under which many clarifications and frequently asked questions (FAQ) were issued for the benefit of taxpayers who were confused with Income Tax Act, 1961 and Income Tax Act, 2025.

The office memorandum from CBDT read as follows: “Various representations are received by TPL Division since Income-tax Act, 2025 has come into force from 01.04.2026 requesting to furnish comments/inputs seeking clarification related to transition provisions under section 536. In this regard, the undersigned is directed to forward the FAQs related to section 536 of the Income Tax Act, 2025 as per Annexure, for necessary action towards its issuance/publication.”

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