Major Tax Change: Interest Deduction Removed for Mutual Fund and Dividend Income

No More Interest Deduction on Mutual Funds and Dividends: What Budget 2026 Means for Investors[…]

Income Tax Rebate Rules 2025-26: Maximize Savings (AY 2026-27)

Income Tax Rebate under Section 87A: Zero Tax up to Rs 12 Lakh in FY[…]

Budget 2026: Key Income Tax Amendments & Proposals Summary

Union Budget 2026: Key Direct Tax Reforms and Compliance Simplifications The Union Budget 2026 introduces[…]

Tax Guide: Income Tax for Salaried Individuals on Stock Market Earnings

Income Tax for Salaried Individuals Earning from Stock Market: A Complete Guide Salaried individuals increasingly[…]

Compliance of TDS for Non-Residents: Section 195 of Income Tax Act Explained

TDS Compliance for Non-Residents Under Section 195 of the Income Tax Act Section 195 of[…]

ITAT Mumbai: Section 54 Deduction Allowed Even Without Original I-T Return Filing

Section 54 Deduction Allowed Even If Original Return Was Not Filed: ITAT Mumbai Ruling Understanding[…]

Capital Gains Addition Due to Wrong Valuation Report

Wrong Valuation Report Leads to Capital Gains Addition: Lessons from the Tribunal In a significant[…]

Section 68 Addition: Loan Repayment in Subsequent Years Prevents Tax Liability (ITAT Gauhati)

Loans Repaid in Subsequent Years: ITAT Gauhati Rules No Addition u/s 68 – A Landmark[…]

NRI Taxation Guide: Residency Rules, India-Source Income, TDS, and ITR Filing Explained

NRI Taxation in India: Residency Rules, India-Source Income, TDS & ITR Filing Essentials Understanding NRI[…]

TDS Reflected Later: Court Sets Aside Tax Addition on Income Booked Earlier

Income Booked Earlier, TDS Reflected Later: ITAT Sets Aside Addition and Key Lessons for Taxpayers[…]

Key Changes: Understanding the 1988 Capital Gains Accounts Scheme Amendments

Capital Gains Accounts (Second Amendment) Scheme, 2025: A Digital Leap for Taxpayers The Capital Gains[…]

TDS for NRIs on Selling Real Estate Properties

TDS on Sale of Immovable Property by NRIs: A Complete Guide Who is Considered an[…]

Can a taxpayer claim exemption under both Section 54 and Section 54F by investing in a single new house?

Exemption Under Both Section 54 and Section 54F by Investing in a Single New House?[…]

Issuance of notice U/s 143(2) prior to supply of recorded reasons U/s 147 is fatal & may vitiate entire reassessment

Issuance of Notice U/s 143(2) Prior to Supply of Recorded Reasons U/s 147 is Fatal[…]

TCS Credit Cannot Be Denied for Default of Collector: ITAT Pune

TCS Credit Cannot Be Denied for Default of Collector: ITAT Pune Ruling Understanding the ITAT[…]

Foreign Assets or Income Details Not Showing Up in Revised ITR? Income Tax Dept Clarifies Solution

What to Do If Foreign Assets or Income Disappear From Your Revised ITR (ITR‑1/ITR‑4) Many[…]

No ITC Denial: If Returns Before 16(5) Deadline

Kerala High Court Grants Relief on ITC Deadline: The Primacy of Section 16(5) over Section[…]

Salary Rs 12.45 Lakh but with Dividend, Interest, MF its Over 12.75 Lakh: Do I Need to Pay Tax?

Understanding the Enhanced No-Tax Rebate up to Rs 12 Lakh in the New Tax Regime[…]

Partial Doubt on Trading Losses Does Not Justify Rejection of Books: ITAT Delhi

Partial Doubt on Trading Losses Does Not Justify Rejection of Books: ITAT Delhi Ruling Understanding[…]

No Advance Tax for Pensioners in FY 2025-26

No Advance Tax for Pensioners Without Business Income in FY 2025-26: What You Need to[…]

Taxation of Virtual Digital Assets: Cryptocurrency and NFTs

Taxation of Virtual Digital Assets: Cryptocurrency and NFTs in India The Indian government has introduced[…]

Taxation of Freelancers and Content Creators in India

Taxation of Freelancers and Content Creators in India: A Comprehensive Guide for 2025 The digital[…]

Faceless Assessment in Income Tax: A Digital Shift That’s Changing the Game

Faceless Assessment in Income Tax: A Digital Shift Changing the Game The Indian income tax[…]

Faceless Assessment in Income Tax: A Digital Shift That’s Changing the Game

Faceless Assessment in Income Tax: A Digital Shift Changing the Game The Indian income tax[…]

Faceless Assessment in Income Tax: A Digital Shift That’s Changing the Game

Faceless Assessment in Income Tax: A Digital Shift Changing the Game The Indian income tax[…]

The Income Tax Act, 2025: A Modern Framework for a New Era

The Income Tax Act, 2025: A Modern Framework for a New Era The enactment of[…]

Faceless Assessment in Income Tax: A Digital Shift That’s Changing the Game

Faceless Assessment in Income Tax: A Digital Shift Changing the Game The Indian income tax[…]

Actual Reasons Behind ITR Refund Delay: When Will You Get Your Money?

Understanding the Delays in Income Tax Return (ITR) Refunds in 2025 Many taxpayers in India[…]

Supreme Court Outdated Forest Notices Can’t Trigger Land Vesting Under Maharashtra Act

Supreme Court Clarifies: Outdated Forest Notices Cannot Trigger Land Vesting Under Maharashtra Act The Maharashtra[…]

Bombay HC: Audit Objection Cannot Justify Reopening of Assessment under Section 148A

Bombay High Court on Reopening of Income Tax Assessment Based on Audit Objections Introduction to[…]

Index