M&AFinancial Express
Income-tax alert: New merger rules could affect your organisation’s tax benefits
Positive+25
GreyOak summary
The Central Board of Direct Taxes (CBDT) notified new rules under the Income-tax (Eighth Amendment) Rules, 2026, governing mergers of registered non-profit organisations. These rules mandate clearing outstanding tax dues, transferring all assets and liabilities, and maintaining original objectives for five years. A new Form No. 112A must be filed within a prescribed timeline to inform the department.
What it affects
- Union Budget and taxesPositive +25
New merger rules for non-profits introduced.Rolling sentiment Positive +42
