Income Tax Articles

TDS and TCS Refund Rules Changed: Correction Window Now Only 2 Years

Posted by Ayush 05 November 2025 5264 Views

Major changes in TDS and TCS rules: File corrections within two years or you may lose tax refund opportunity.

Aadhaar Update Now a Legal Obligation, Not a Choice: High Court Ruling

Posted by Mitali 05 November 2025 291 Views

UIDAI cannot refuse Aadhaar updates if valid proof is provided, individuals can seek legal action if corrections are denied.

Pay Zero Income Tax on Capital Gains: Save Tax by Reinvesting up to Rs 10 Crore LTCG

Posted by Pranab Banerjee

04 November 2025 620 Views

Save up to Rs 10 crore in long-term capital gains tax under Section 54 by reinvesting in a new residential property. Learn how to pay zero tax legally.

ITAT Ahmedabad: No Section 14A Disallowance When Assessee Has Sufficient Own Funds

Posted by Vivek Jalan 04 November 2025 191 Views

ITAT Ahmedabad rules that disallowance under Section 14A read with Rule 8D is not justified when the assessee has sufficient own funds for investments.

Tax Deduction on Salary Paid To Non-Resident

Posted by Chaitra Seetharam 03 November 2025 697 Views

Indian tax law requires employers to deduct TDS from the salaries of non-resident employees working in India. This deduction, governed by Section 192, is mandat...

Statutory Tax Compliance Tracker - November 2025

Posted by CS Lalit Rajput 01 November 2025 1112 Views

Stay updated with the key Income Tax and GST compliance due dates for November 2025. Includes important deadlines for TDS deposit, TDS certificates, Form 24G, GSTR-1, GSTR-3B, GSTR-7, GSTR-8, ISD returns, and QRMP filings.

Co-Operative societies are liable to deduct tax from payment of interest

Posted by K.V. Radhakrishnan 01 November 2025 14815 Views

The Kerala High Court has upheld the validity of the proviso to Section 194A(3) of the Income Tax Act, 1961, making it mandatory for co-operative societies with turnover above Rs 50 crore to deduct TDS on interest paid to depositors.

Received Notice u/s 142(1): How To Reply?

Posted by Poojitha Raam Vinay

29 October 2025 2738 Views

Got a Section 142(1) income tax notice? Understand its purpose, common reasons for issue, response procedure, and key deadlines to stay compliant.

Government's New e-Aadhaar App in 2025: You Can Now Edit Details from Home

Posted by Mitali 29 October 2025 46933 Views

UIDAI will launch the new e-Aadhaar mobile app by December 2025, allowing users to update Aadhaar details like mobile number, address and date of birth from home.

Pappu Yadav Fined for Cash Charity: Why Donations Trigger Tax Notices?

Posted by Mitali 28 October 2025 449 Views

The Income Tax Department has issued a notice under Section 131A to MP Pappu Yadav for distributing Rs 3000 to Rs 4000 in cash to flood-affected people without disclosing the source of funds.