Income Tax Articles

ITR Business Codes: Understand New Categories

Posted by CA Umesh Sharma 29 July 2025 802 Views

Navigate new ITR business codes! Learn about updated categories for influencers & traders, AI monitoring & how to file accurately. Avoid errors.

Report Bank Transfers & Contra Entries in ITR

Posted by CA Ruby Bansal 28 July 2025 70668 Views

Mandatory ITR reporting for self-transfers & contra entries if savings exceed Rs 50 lakh. Learn how to declare all bank and wallet transactions accurately.

CBDT Interest Waiver: Relief for TDS/TCS Technical Glitches

Posted by CA Varun Gupta 28 July 2025 8246 Views

Claim interest waiver for TDS/TCS defaults caused by technical glitches. Learn eligibility, deadlines & how to apply under CBDT Circulars 5/2025 & 8/2025.

TDS Limit Increase FY 2025-26: Section 194J Explained

Posted by Chaitra Seetharam 28 July 2025 117 Views

Discover the Section 194J TDS limit increase to ₹50,000 for FY 2025-26. Learn how this affects professional & technical services and reduces compliance burden.

Section 54F: Under-Construction Flats & Capital Gains Tax

Posted by CA. Bhavik P. Chudasama 26 July 2025 5866 Views

Understand Section 54F capital gains tax exemption rules for under-construction flats. Learn how ownership and possession impact your claim. Get expert insights.

Pvt Ltd Setup After July 14? New CA Rules

Posted by Mitali 26 July 2025 16872 Views

Appointing a Chartered Accountant for your Pvt Ltd company after July 14, 2025? Understand the new ADT-1 filing rules and deadlines to avoid penalties.

Clear Tax Disputes: Finance Minister's Call for Action

Posted by Mitali 25 July 2025 150 Views

Finance Minister Nirmala Sitharaman urges swift resolution of tax disputes and backlog. Learn about new monetary thresholds and disposal targets.

LIC Jeevan Labh Tax: Rs 5 Lakh Maturity in FY 24-25?

Posted by Poojitha Raam Vinay 25 July 2025 1117 Views

Received Rs 5 Lakh from LIC Jeevan Labh in FY 24-25? Discover if your maturity amount is taxable in AY 25-26 and understand Section 10(10D) exemptions.