Income Tax Articles

Salary Rs 12.45 Lakh but with Dividend, Interest, MF its Over 12.75 Lakh: Do I Need to Pay Tax?

Chaitra Seetharam 06 December 2025 at 10:56

Understand how the enhanced "no tax up to Rs 12 lakh" rebate works under the New Tax Regime for FY 2025-26, why it applies only to income taxed at normal slab rates, and how dividends, interest, and mutual fund gains can push you beyond the Rs 12–12.75 lakh limit.

TDS Return Filing Guide for Small Businesses

Kapil kumar 04 December 2025 at 07:00

TDS return filing is a mandatory compliance for individuals and businesses that deduct tax at source. Learn the importance of TDS returns, prerequisites, eligibility, types of forms, step-by-step filing process, due dates, and penalties for late or incorrect filing - all explained clearly to help you stay compliant and avoid hefty fines.

100% Refund का जमाना गया: CBDT ने ITR Processing रोक दी है?

Mitali 03 December 2025 at 17:39

The Income Tax Department has introduced stricter AI-based scrutiny for FY 2024-25, delaying or stopping ITR processing where high refunds or mismatches are detected.

How A Freelancer Can Apply for Section 197 for Lower TDS?

Mitali 03 December 2025 at 14:22

Learn how Section 197 allows taxpayers, including freelancers, residents and non-residents, to apply for a nil or lower TDS certificate by filing Form 13 online on TRACES.

How Can You Correct Mistakes in an Already Filed Income Tax Return?

Abhishek Verma 02 December 2025 at 06:46

Discover how Indian taxpayers can easily correct mistakes in their ITR, whether it's missing income, wrong TDS details, skipped deductions or personal information errors. Learn when a return can be revised, how to fix discrepancies using Form 26AS/AIS, and the right time to file a revised, updated or rectification return to avoid notices and ensure smooth refunds.

Preity G Zinta's Rs 10 Crore Tax Notice and ITAT Victory

Mitali 01 December 2025 at 13:37

Know why Preity Zinta's bank transactions triggered a huge tax notice and how she proved the cash credits were genuine.

UIDAI Deactivates Over 2 Crore Aadhaar Cards: Check How to Verify Status Online?

Mitali 01 December 2025 at 12:23

UIDAI has deactivated over 2 crore Aadhaar numbers of deceased individuals to curb identity fraud. Learn how to report a family member's death, deactivate Aadhaar, and check deactivation status online or offline.

Corporate Guarantee vs Negative Lien: Key Transfer Pricing Clarification by ITAT Delhi

Vivek Jalan 01 December 2025 at 06:47

Understand why a negative lien is not a corporate guarantee and carries no transfer pricing implications, as clarified in the ITAT Delhi ruling in JOGPL Pvt Ltd.

IT Refund: Real-Time Tracking System Coming Soon?

Niyati 29 November 2025 at 12:17

Know about Budget 2026's proposal for real-time Income Tax refund tracking and what it means for taxpayers.

Income Tax Notices on the Rise: Top Triggers You Must Avoid in 2025

Poojitha Raam Vinay 28 November 2025 at 15:46

With digitisation, data-matching, and AI-driven analytics, the Indian Income Tax Department has become more vigilant than ever. As we move into 2025, the number..