Replaces Form 26AS #IncomeTax #TaxUpdate #TaxAudit #CA #FY202526 #Compliance

🚨 Big Income Tax Update!
📘 Form 168

✅ Replaces Form 26AS (Annual Tax Credit Statement)
✅ Rebranded as a digital “Tax Passbook”
📲 More structured, transparent & comprehensive tax credit tracking

📑 Form 26

✅ Merges existing Form 3CA, 3CB & 3CD
✅ Single consolidated Tax Audit Report format
📊 Simplified compliance for professionals & businesses

💡 Objective: Streamline reporting, improve transparency & move towards a fully digital tax ecosystem.

#IncomeTax #TaxUpdate #TaxAudit #CA #FY202526 #Compliance

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