India is transitioning from the Income Tax Act, 1961, to the new Income Tax Act, 2025, a move that has raised several questions among taxpayers, businesses, and tax professionals regarding pending assessments, procedural matters, and ongoing applications. To address these concerns, the Central Board of Direct Taxes (CBDT) has issued a detailed set of Frequently Asked Questions (FAQs) that explains how pending cases and various tax proceedings will be handled once the new law comes into effect on 1 April 2026.