📋 Income Tax

Complete guides on income tax filing, deductions, and refunds

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75 articles found

intermediate 7 min

Forex Trading Tax in India: Why Every Trader Needs to File ITR-3

Guide to income tax treatment of forex trading in India covering speculative vs non-speculative business income, loss set-off rules, and why ITR-3 is mandatory for currency derivative traders.

15 Aug 2026

intermediate 6 min

Income Tax Notices Explained: 143(1), 139(9), and 148

Received an Income Tax Notice? Don't panic. Learn the differences between Intimation under Section 143(1), Defective Return under 139(9), and Income Escaping Assessment under 148.

15 Aug 2026

beginner 6 min

ITR Filing Deadlines 2026: The Complete Compliance Calendar

Don't miss an income tax deadline. This complete calendar covers all ITR filing due dates for AY 2027-28 (FY 2026-27), including individual, audit, and transfer pricing deadlines.

15 Aug 2026

intermediate 8 min

Old vs New Tax Regime: Which Saves More in 2026?

A comprehensive comparison of the Old and New Tax Regimes for FY 2026-27. Understand the breakeven points, standard deductions, and which regime is mathematically better for your salary.

15 Aug 2026

intermediate 8 min

Presumptive Taxation (Sections 44AD, 44ADA, 44AE) Explained

Simplify your tax filing with the Presumptive Taxation Scheme. Learn how small businesses and professionals can declare fixed profit percentages (6%, 8%, or 50%) and skip tax audits.

15 Aug 2026

advanced 8 min

How to Save Capital Gains Tax on Property Sales (Section 54)

A detailed guide on legally saving Capital Gains Tax when selling real estate in India. Learn the rules, timelines, and limits of claiming exemptions under Section 54, 54EC, and 54F.

15 Aug 2026

beginner 7 min

Which ITR Form Should I File? A Complete Decision Guide

Confused about ITR-1, ITR-2, ITR-3, or ITR-4? This comprehensive guide helps salaried employees, freelancers, and business owners choose the correct Income Tax Return form.

15 Aug 2026

advanced 8 min

The 45-Day MSME Payment Rule (Section 43B(h)): A Complete Guide

A must-have article explaining the strict disallowance of expenses if payments to MSMEs are delayed beyond 45 days under Section 43B(h).

3 Aug 2026

beginner 4 min

Say Goodbye to Form 26AS and 12BB: Welcome Form 168 & 124

The New ITA 2025 completely restructures tax forms. Learn about the transition from Form 26AS to Form 168 and Form 12BB to Form 124 for salaried employees.

3 Aug 2026

intermediate 5 min

Income Tax Act 2025 (ITA 2025): The Transition to a 536-Section Code

An overview of the massive structural overhaul in ITA 2025, detailing how the government reduced the Income Tax Act from 819 to just 536 sections.

3 Aug 2026

beginner 4 min

Family Pension Relief in ITA 2025: The ₹25,000 Cap

How the ITA 2025 raises the family pension deduction to ₹25,000, and how it differs from the ₹75,000 standard deduction regular pensioners already get.

3 Aug 2026

advanced 5 min

Mega Tax Overhaul 2026: The Biggest Changes Summarized

An overview article summarizing the biggest changes in accounting, corporate law, and taxation for the upcoming financial year 2026.

3 Aug 2026

advanced 5 min

TDS & TCS Rationalization: Unifying Rules under Section 393

Detail how multiple TDS and TCS rules are being unified under the new Section 393 in the Income Tax Act 2025.

3 Aug 2026

advanced 5 min

Zero Tax on ₹12 Lakh Income & The ₹75,000 Standard Deduction

Break down the complete tax planning strategy for salaried individuals to achieve zero tax liability on a ₹12 Lakh income under the revised rules.

3 Aug 2026

beginner 3 min

How to Calculate Gross vs. Net Taxable Salary in 2026

A practical breakdown for salaried employees on calculating Gross Salary and Net Taxable Salary under the new income tax regime.

2 Aug 2026

intermediate 3 min

How to Legally Save Capital Gains Tax on Inherited Property

A complete guide on the tax implications of selling inherited property, how to calculate the holding period, and how to use Section 54/54EC to reduce the tax liability.

2 Aug 2026

advanced 3 min

CBDT's New Crypto-Asset Reporting Framework for 2025

A deep dive into the new guidance notes issued by CBDT mandating Reporting Crypto-Asset Service Providers (RCASPs) to track and report crypto transactions.

2 Aug 2026

advanced 3 min

1,659-Day Delay Condoned for BSNL VRS Exemption: A Landmark ITAT Ruling

Review the significant ITAT ruling that condoned a massive 1,659-day delay, allowing a retired employee to claim the Section 10(10B) exemption for BSNL VRS compensation.

2 Aug 2026

intermediate 3 min

Income Tax Act 2025: Key Expectations and Comprehensive Review

A detailed overview of the upcoming comprehensive review of the Income Tax Act, 1961, and what taxpayers can expect from the new Direct Tax Code in 2025.

2 Aug 2026

beginner 2 min

The 'Agniveers' Tax Exemption: Understanding Section 125

A detailed look at Section 125 of the Income Tax Act 2025, providing 100% tax deductions and exemptions for contributions to the Agniveer Corpus Fund.

2 Aug 2026

beginner 3 min

Form 130 is Now Form 130: The Great Renumbering of ITA 2025

Get ready for a completely new numbering system for income tax forms. Learn why Form 130, Form 26AS, and others are changing under the Income Tax Act 2025.

2 Aug 2026

beginner 2 min

Goodbye 'Assessment Year': Navigating the Unified 'Tax Year'

Discover how the Income Tax Act 2025 eliminates the confusing 'Assessment Year' terminology in favor of a simplified, global 'Tax Year' concept.

2 Aug 2026

beginner 3 min

Massive Hikes in Tax-Free Allowances Under ITA 2025

A detailed guide on the newly revised, inflation-adjusted limits for tax-free allowances like children's education and hostel fees under the Income Tax Act 2025.

2 Aug 2026

beginner 3 min

Medical Treatment Abroad & Preventive Health under ITA 2025

Analyze the expanded health exemptions in the Income Tax Act 2025, including the ₹1 Lakh senior citizen limit and new rules for medical treatment abroad.

2 Aug 2026

intermediate 2 min

The New HRA Exemption Rules: A Win for Growing Metros

Explore the updated HRA exemption rules under the Income Tax Act 2025, which finally expands the 50% HRA slab to cities like Bengaluru, Pune, and Hyderabad.

2 Aug 2026

intermediate 2 min

NRI Tax Simplification: The Flat 20% Rule

Explore how the Income Tax Act 2025 radically simplifies taxation for Non-Resident Indians (NRIs) by introducing flat tax rates on investment income and LTCG.

2 Aug 2026

beginner 3 min

Online Gaming & Lotteries: The Harsh 30% Reality

A detailed breakdown of how the Income Tax Act 2025 taxes online gaming, lotteries, and betting with a flat 30% tax and a strict 'no set-off' rule.

2 Aug 2026

beginner 3 min

Top Changes for the Salaried Class in ITA 2025

A comprehensive breakdown of the major changes affecting salaried employees under the Income Tax Act 2025, including the ₹75,000 standard deduction.

2 Aug 2026

beginner 2 min

ITR-1 vs ITR-2 vs ITR-3: Which Form Should You File?

A clear guide for individual taxpayers to choose the correct Income Tax Return (ITR) form based on their income sources, capital gains, and business activities.

2 Aug 2026

beginner 3 min

Tax Rulings on the 'Pink Tax': The Hidden Cost for Women

Exploring the recent socio-economic legal debates and tax rulings surrounding the 'Pink Tax'—the hidden premium applied to female-oriented consumer products.

2 Aug 2026

advanced 3 min

Supreme Court Ruling on Cruise Operators' Presumptive Tax

Analyze the landmark Supreme Court judgment confirming that cruise operators providing passenger transport remain eligible for presumptive tax under Section 44B.

2 Aug 2026

beginner 5 min