Income Tax Articles

TDS and TCS Refund Rules Changed: Correction Window Now Only 2 Years

Posted by Ayush 05 November 2025 5381 Views

Major changes in TDS and TCS rules: File corrections within two years or you may lose tax refund opportunity.

Aadhaar Update: High Court Rules Correction a Legal Obligation

Posted by Mitali

05 November 2025 383 Views

Learn why Aadhaar updates are now a legal obligation, not a choice, following a landmark High Court ruling. Discover your rights and how to get corrections made.

Tax Deduction on Salary Paid To Non-Resident

Posted by Chaitra Seetharam 03 November 2025 1025 Views

Indian tax law requires employers to deduct TDS from the salaries of non-resident employees working in India. This deduction, governed by Section 192, is mandat...

Pay Zero Income Tax on Capital Gains: Reinvest Up to Rs 10 Cr

Posted by Pranab Banerjee 04 November 2025 675 Views

Learn how to pay zero income tax on capital gains by reinvesting up to Rs 10 crore in a new residential property under Section 54. Save tax legally!

No Income Period Expenses: Deductions Under Section 37(1)/34(1)

Posted by Vivek Jalan 06 November 2025 610 Views

Discover if expenses incurred during a no-income period are deductible under Section 37(1) or 34(1) of the Income Tax Acts. Learn about unabsorbed depreciation....

No Section 14A Disallowance If Own Funds Exceed Investments

Posted by Vivek Jalan 04 November 2025 219 Views

Learn how ITAT Ahmedabad ruled that no Section 14A disallowance applies if your own funds cover your investments. Understand the implications for your tax assessment.

UK Tax Deadlines: November 2025 Compliance Calendar

Posted by CS Lalit Rajput 01 November 2025 1131 Views

Stay ahead of UK tax compliance this November 2025. Discover key deadlines for Income Tax, TDS, and GST filings. Don't miss out!

Co-Operative societies are liable to deduct tax from payment of interest

Posted by K.V. Radhakrishnan 01 November 2025 15300 Views

The Kerala High Court has upheld the validity of the proviso to Section 194A(3) of the Income Tax Act, 1961, making it mandatory for co-operative societies with turnover above Rs 50 crore to deduct TDS on interest paid to depositors.