Income Tax Articles

Income Tax Filing in India: Why Timely Compliance Matters

Posted by Munivel 27 September 2025 165 Views

Learn everything about Income Tax Returns (ITR) in India - types of ITR forms, why filing is important, benefits like refunds & loan approvals, and common mistakes to avoid. Stay compliant and file accurately.

Optional Tax Regime u/s 115BAC: Exemptions & Deductions Not Allowed

Posted by Pranab Banerjee

26 September 2025 857 Views

Confused between the old vs the new tax regime? Section 115BAC offers lower slab rates but removes most exemptions. Learn benefits, drawbacks and who should opt in.

One-Time Interest Waiver for New Tax Regime Tax Demands

Posted by Mitali 25 September 2025 943 Views

CBDT issues circular waiving interest on tax demands. Pay before 31st December 2025, to get this relief.

Karnataka High Court Extends Tax Audit Deadline: Courts vs CBDT - Big Update

Posted by Mitali 25 September 2025 1057 Views

The Karnataka High Court has directed CBDT to extend the tax audit due date from 30 Sept to 31 Oct 2025. With similar orders from other High Courts, taxpayers await CBDT's official notification to avoid penalties.

Why Income Tax Refunds Are Being Delayed: What You Can Do?

Posted by Poojitha Raam Vinay

24 September 2025 965 Views

Wondering why your income tax refund is delayed? Learn common reasons like data mismatches, incomplete bank details, or scrutiny of high-value transactions, and find out how to track, fix, and speed up your refund process.

Income Tax Audit AY 2025-26: Form 3CD's 5 Most Important Changes Explained

Posted by gstregistration.co 24 September 2025 6040 Views

Form 3CD for AY 2025-26 has key changes - detailed MSME payment reporting, share buyback disclosure, settlement expense rules, coded loan reporting and presumptive tax for cruise operators. Learn what CAs and taxpayers must know to stay compliant.

Post Office New Savings Scheme 2025: How to Get Benefits Worth Up to Rs 40 Lakh with Guaranteed Returns

Posted by Pranab Banerjee

23 September 2025 5527 Views

Post Office launches a new savings scheme in 2025 with guaranteed returns and tax benefits. Start small, save consistently and build up to Rs 40 lakh safely with government-backed security.

Section 115 BAC of the Income Tax Act as per Budget 2025

Posted by Pranab Banerjee

22 September 2025 1163 Views

Discover the features of Section 115BAC of the Income Tax Act, the default new tax regime from FY 2023-24. Learn about revised slabs, higher standard deduction, available exemptions and how to switch between old and new tax regimes.

Income Tax Audit 2025: Businessmen and CAs Tension, Demand for Deadline Extension

Posted by LegalDev 22 September 2025 14188 Views

With the September 30, 2025 Income Tax Audit deadline approaching, only 8% audits are done. CAs and traders demand deadline extension due to workload, delays and festivals.

Income Tax Refund Above Rs 50,000: Does the Income Tax Department Delay Big Refunds?

Posted by Pranab Banerjee

20 September 2025 11274 Views

Wondering if the Income Tax Department delays refunds above Rs 50,000? Learn how ITR refunds are processed, typical timelines, common causes of delay and tips to ensure faster credit to your bank account.