Income Tax Articles

How to Fix AIS Mismatch While Filing Your Income Tax Return: Simple Guide (AY 2025-26)

Posted by Karthik Annaram 24 November 2025 1045 Views

Facing AIS mismatch while filing ITR? Learn the common causes, how to fix errors using AIS feedback, and when to revise your return to avoid tax notices.

New Income Tax Act 2025 vs 1961: Tax Offence Changes

Posted by Vivek Jalan 25 November 2025 528 Views

Discover key tax offences under the new Income Tax Act 2025 and how they compare to the 1961 Act. Understand your obligations and potential penalties.

Old ITR Forms Retired from April 2026

Posted by Mitali

21 November 2025 6207 Views

Discover how old ITR forms (1-7) will be discontinued from April 2026. Learn about the new Income Tax Act 2025 and simplified filing processes.

Multiple PAN Cards: 7 Years Jail & Rs 60,000 Fine

Posted by Mitali

20 November 2025 829 Views

Discover the severe penalties for holding multiple PAN cards in India, including jail time and hefty fines. Learn how to surrender extra PANs to avoid legal trouble.

Gujarat HC: Income Tax Notices Need Own Inquiry, Not Just GST Data

Posted by Vivek Jalan 27 November 2025 604 Views

Learn how the Gujarat High Court ruled that the Income Tax Dept. must verify GST data independently before issuing notices under Section 148A.

Prosecution for Tax Evasion: Section 276C Explained

Posted by Vivek Jalan 21 November 2025 844 Views

Avoid prosecution under Section 276C! Learn about penalties for willful tax evasion and non-payment of taxes in the UK. Understand the consequences and protect yourself.

ITR Processing Slowdown: Tax Refunds Delayed

Posted by Poojitha Raam Vinay 19 November 2025 15190 Views

Experiencing a delay in your tax refund? Discover why ITR processing is slower this year and what steps you can take. Learn about potential interest on delayed refunds.

No ITR Needed for Pensioners Earning Under ₹39,500 Monthly

Posted by Mitali

19 November 2025 3640 Views

Find out if you need to file an Income Tax Return (ITR) with a monthly pension of up to ₹39,500. Learn about deductions and exceptions for pensioners.

Rs 15 Lakh in Locker: Unexplained Income Tax Notice Explained

Posted by Mitali

19 November 2025 3988 Views

Found Rs 15 Lakh cash in your bank locker? Understand why Income Tax authorities might issue a notice and how to explain the source of funds.

Corporate Guarantee vs Negative Lien: ITAT Delhi Clarification

Posted by Vivek Jalan 01 December 2025 441 Views

Understand the difference between a corporate guarantee and a negative lien, and learn how ITAT Delhi clarified transfer pricing implications for associated enterprises.