Income Tax Articles

ITR 2025: Understanding Deductions in the New Tax Regime

Posted by CS Lalit Rajput 13 September 2025 1132 Views

Understand India's new income tax regime for FY 2024-25 (AY 2025-26). Learn about tax slabs, standard deduction, LTCG rules, exemptions and key differences from the old regime.

New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025

Posted by Pranab Banerjee

13 September 2025 708 Views

Discover the key tax changes from Union Budget 2025. Compare Old vs New Tax Regime, learn about exemptions up to Rs 12.5 lakh, and see how Excel-based Automatic Income Tax Preparation Software simplifies filing for salaried and non-government employees.

Govt Rolls Out 7 Fresh Senior Citizen Benefits for a Better Life

Posted by Pranab Banerjee

12 September 2025 10981 Views

Discover the 7 new government benefits for senior citizens, including pension hike, free healthcare, travel discounts, financial aid, and social security schemes ensuring dignity, independence, and a better quality of life for elders

Which ITR Form Applies to Your Income for Income Tax Filing FY 2024-25 (AY 2025-26)?

Posted by Pranab Banerjee

11 September 2025 1859 Views

Confused about which ITR form to file for AY 2025-26? Learn the latest rules, eligibility, and updates for ITR-1, ITR-2, ITR-3, and ITR-4 under FY 2024-25. Simplified guide to avoid mistakes, penalties and choose the right form.

Party-Wise Reconciliation of 194Q TDS is Must for ITR and GST

Posted by Mitali 10 September 2025 587 Views

Avoid mismatches in ITR filing - reconcile TDS deductions in 26AS with GSTR-1 and 3B for accurate ITR filing.

Income Tax New Rules 2025-2026: TDS Form to Change from April 1, 2026

Posted by Pranab Banerjee

10 September 2025 9272 Views

From April 1, 2026, Income Tax New Rules 2025-2026 will bring a revised TDS form, new disclosure requirements and digital-first compliance. Learn how these changes impact salaried employees, employers, and businesses, and how to prepare in advance.

5 Key Income Tax Provisions Every Indian Taxpayer Should Know

Posted by gstregistration.co 10 September 2025 257 Views

Discover 5 key income tax provisions every Indian taxpayer must know - Basic Exemption Limit, Section 80C, Capital Gains Tax, TDS rules and penalties for late filing. Learn smart tax planning tips for FY 2024-25.

Section 12AB Renewal Guide: 10-Year Validity Framework Under Finance Act 2025

Posted by CA Varun Gupta

10 September 2025 620 Views

Learn how charitable trusts can renew Section 12AB registration before Sept 30, 2025 and secure 10-year validity under Finance Act 2025.

PMS Fees and Capital Gains: Can You Claim Deduction Under Section 48?

Posted by CA Varun Gupta

08 September 2025 2066 Views

Can PMS fees be claimed as deduction under Section 48 while computing capital gains? Explore statutory law, ITAT rulings, SEBI PMS rules & filing tips.

Last Date of Income Tax Filing with ITR for the AY 2025-26: What Happens If You Miss It?

Posted by Pranab Banerjee

08 September 2025 4917 Views

The last date for Income Tax Return filing for AY 2025-26 is September 15, 2025, with no further extensions. Learn penalties, interest, and consequences of missing the ITR deadline, plus tips to file on time.