Section 50C & Section 54: MOU Date vs. Registration Date | Mumbai ITAT Ruling

Section 50C & Section 54: Navigating the MOU vs. Registration Date Conflict – Insights from[…]

Form 141 TDS on Property: New Rules and Transition from Form 26QB 2026

Significant Changes in TDS on Immovable Property: Transitioning to Form 141 and Form 132 For[…]

Guide to Section 10(23C) Tax Exemptions for Educational and Medical Institutions

Comprehensive Guide to Section 10(23C) Exemption for Educational, Medical, and Charitable Institutions Section 10(23C) of[…]

ITAT Delhi: TDS Credit Denied Due to Form 26AS Mismatch is Illegal under Section 143(1)

TDS Credit Cannot Be Denied Due to 26AS Mismatch Under Section 143(1): A Landmark Ruling[…]

ITAT Quashes Time-Barred Section 148 Notice for AY 2015-16 After 01.04.2021

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ITAT Rules No Tax on Property Deals Within 10% Gap of DVO Value

No Tax on Property Deals Within 10% Gap: ITAT Extends Safe Harbour to DVO Valuations[…]

2026 India Tax Changes: Relief for Salaried Employees & Senior Citizen Explained

Significant Tax Reforms Effective April 1, 2026: A Comprehensive Guide for Salaried Professionals and Senior[…]

Startup Tax Holiday: Eligibility Limit Raised to ₹300 Crore for Startups

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ITAT Rules No TDS Under Section 194-IA if Individual Buyer’s Share is Below ₹50 Lakh

ITAT Clarifies Section 194-IA Scope: No TDS Liability if Buyer’s Share is Below ₹50 Lakh[…]

Legal Requirements for Proving Interspousal Gifts and Separate Property Ownership

Gifts Between Spouses: Why Documentation Matters Under the Income Tax Act In the realm of[…]

Full Section 54 Exemption Without Capital Gain Scheme Deposit: ITAT Ruling

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Crypto Tax India: 2026 Budget Updates & Current Laws Explained

The Evolving Landscape of Cryptocurrency Taxation in India: From Current Laws to Budget 2026 The[…]

Inherited Property: Capital Gains Tax Exemptions for Legal Heirs

Owner Dies After Sale: Can the Legal Heir Claim Section 54 Capital Gain Exemption? In[…]

ITAT Deletes ₹1.47 Cr Disallowance: Free Gift Scheme Validated as Business Promotion Expense

Free Gift Schemes as Valid Business Promotion: Analyzing the ITAT’s Deletion of ₹1.47 Cr Disallowance[…]

New Rules for Revised Returns: More Time to Correct at a Cost

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Advance Tax 2025: Payment Rules, Dates, and Interest Guide

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Strategic Shift in Tax Administration: Understanding Updated Returns After Reassessment Notices

The Strategic Evolution of Updated Returns: Analyzing the Budget 2025-26 Proposals As a Chartered Accountant,[…]

New Form 15G and 15H: Simplified Tax Guidelines for All Taxpayers

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Guide to New HRA Rules 2026: Impact on Salaried Employees & Professionals

The New HRA Rule: Navigating Draft Income Tax Rules 2026 and Form 124 For decades,[…]

Mastering Section 148A: A Guide to Income Tax Reassessment Proceedings

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Key Amendments to Prosecution Provisions in the Income Tax Act, 2025

Strengthening Tax Compliance: Key Amendments to Prosecution Provisions in the Income Tax Act, 2025 Introduction[…]

Income Tax and GST on Social Media Income: A Creator’s Guide

Navigating Income Tax and GST on Social Media Income in India: A Complete Guide Social[…]

ITAT Delhi: AO Cannot Use Different Valuation Methods for Capital Gains & Business Income

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

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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[…]