Income Tax Articles

Indian Transfer Pricing: A Comprehensive Overview

Posted by Niyam 28 May 2025 239 Views

Transfer pricing, a complex area of international taxation, involves the determination of the price at which goods, services, or assets are transferred between related parties.

The Strain on CAs and Taxpayers: How Government's Decisions Are Backfiring

Posted by CA Digant Shah 28 May 2025 4763 Views

The government recently extended the deadline for filing Income Tax Returns (ITRs) to 15th September 2025. While it might seem like a helpful move, it's causing serious problems for Chartered Accountants (CAs) and taxpayers.

Faceless Assessment: A Digital Transformation in Tax Administration

Posted by CA.Sangam Aggarwal 28 May 2025 811 Views

The e-assessment scheme marked a significant shift from the traditional manual assessment system to a technology-driven, faceless, and jurisdiction-free model, aligning with the broader vision of Digital India and ease of doing business.

Long Term Capital Gain On Immovable Properties After Budget 2024

Posted by CA. Ankit Chandrakar 27 May 2025 3250 Views

A very significant change that was brought in by the Union Budget 2024 was related to Long Term Capital Gains (LTCG) on the sale of immovable property and its taxability.

Think Wedding Gifts Are Tax-Free? Parents, That Shagun May Be Taxable!

Posted by Rashmi 27 May 2025 756 Views

Think All Wedding Gifts Are Tax-Free? Think Again! Parents, You May Have to Pay Tax on That Shagun

Save Yourself from Tax Summer Heat by Filing TDS and SFT returns before 31st May

Posted by CA Umesh Sharma 27 May 2025 342 Views

Discover why May is a crucial month for taxpayers! Learn about the 31st May 2025 deadlines for TDS return filing and SFT reporting, penalties for non-compliance and how timely tax compliance can protect you from financial heat.

Presumptive Tax for Non-Residents: India 2026

Posted by Mitali 25 May 2025 2 Views

New presumptive taxation for non-residents providing services/tech for India's electronics manufacturing. Learn about Section 44BBD from April 2026.

Latest Government Guidelines for Online Section 12A Registration in India

Posted by Ishita Ramani 24 May 2025 668 Views

In this article, we shall know more about the latest changes to the Section 12A Registration process.

Tax Treatment Differences Between REITs and InvITs in India

Posted by CA Shiwali Dagar 23 May 2025 691 Views

Both Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are structured as trusts in India and are regulated by the SEBI. They operate as pass-through entities for certain types of income to avoid double taxation.