Income Tax Articles

TDS on Property from 1st April 2026: Form 141 Replaces 26QB - Complete Guide

Posted by CA Varun Gupta 07 April 2026 41827 Views

Effective 1 April 2026, the TDS compliance framework for immovable property shifts from Form 26QB to Form No. 141, with Form 132 replacing Form 16B.

Tax Authorities Track B2C Sales: POS, Swiggy Data & More

Posted by Vivek Jalan 07 April 2026 344 Views

Discover how tax authorities use POS, Swiggy, and banking data to track B2C businesses. Learn how to ensure transparent reporting and avoid penalties.

ITAT Chandigarh: Section 50C Not Applicable on Transfer of LOIs in Land Acquisition Cases

Posted by CHANDNI JAIN 07 April 2026 366 Views

ITAT Chandigarh rules that Letters of Intent (LOIs) from compulsory land acquisition are not ‘land or building’ under Section 50C, disallowing substitution of sale value with stamp duty valuation for capital gains computation.

TDS & TCS Rate Chart for FY 2026-27: Updated Rates, Thresholds & New vs Old Sections

Posted by CA Piyush Agarwal 06 April 2026 18012 Views

Updated TDS & TCS Rate Chart for FY 2026-27 with new vs old sections, rates, thresholds and key provisions effective from 1 April 2026.

Income Tax Act 2025: Transitional Provisions Explained

Posted by Vivek Jalan 06 April 2026 295 Views

Understand the transition from Income Tax Act 1961 to ITA25. Key changes, deadlines, and implications for taxpayers from April 1, 2026.

Public Provident Fund Scheme 2026: Turn 1.5 Lakh a Year into 66.58 Lakh

Posted by Mitali 04 April 2026 49534 Views

Build a secure, tax-free corpus with PPF, enjoy government-backed safety, 7.1% interest, ₹1.5 lakh yearly investment benefits and long-term wealth creation up to ₹66.58 lakh with compounding.

India FDI Policy Shift: New Rules for Land Bordering Countries

Posted by Affluence Advisory 04 April 2026 229 Views

India revises FDI policy for Land Bordering Countries (LBCs) with Press Note 2 (2026). Learn about new thresholds, control tests, and faster approvals.

Major Relief in Tax on Unexplained Income: From Heavy Tax to a Balanced Approach

Posted by Chaitra Seetharam 03 April 2026 2555 Views

Finance Bill 2026 revamps taxation of unexplained income, cutting rates from 78% to ~39% while imposing stricter penalties up to 200%, promoting voluntary compliance and updated return benefits.

Section 87A Rebate & Agri Income: Resolve Tax Conflict

Posted by Marimganti Tarun B.com,FCMA 03 April 2026 1187 Views

Understand the conflict between Section 87A rebate and agricultural income. Learn how to prepare for AY 2026-27 tax filing before ITR utilities are released.