Income Tax Articles

Income Tax Rates for AY 2025-26

Posted by CA Shiwali Dagar 21 April 2025 4786 Views

Explore the latest Income Tax Rates for AY 2025-26, including slab-wise details for individuals under the old and new tax regimes.

Common Mistakes to Avoid While Applying for Section 80G(5) Registration

Posted by Ishita Ramani 19 April 2025 565 Views

This article will help you know the common mistakes made while applying for 80G(5) Registration.

Alimony To Wife: Is It Taxable or Non Taxable?

Posted by Chaitra Seetharam 17 April 2025 17 Views

Alimony means the specified amount which is made at the time of divorce. Check here whether the lump sum alimony is taxable for the wife?

TDS on Rent: New Threshold For FY 2025-26

Posted by Sahil Jaiswal 16 April 2025 17 Views

TDS on rent has been increased for FY 2024-25, providing relief to landlords and reducing compliance burdens.

Convergence - Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India - Part 1

Posted by Nitin Bhuta 16 April 2025 468 Views

In this article, the author has attempted to explore complementary or completely opposing perspectives by examining aspects such as revenue recognition of revenues and expenditures, inventories, capital expenditures (Capex), and related party transactions.

Section 194Q: Relief for Sellers from 1st April 2025

Posted by Mitali 16 April 2025 9 Views

Section 194Q mandates that a buyer must deduct TDS while making payments for the purchase of goods from a resident seller.

New Income Tax Slab For The FY 2025-26

Posted by Mitali 14 April 2025 3 Views

New income tax slab has been introduced in the Budget 2025 with a simplified new tax regime, offering zero tax liability up to Rs.12 lakh.

ITR Filing 2025: List of Documents You Need to File Your ITR

Posted by Alliance Tax Experts 14 April 2025 1824 Views

Filing your Income Tax Return (ITR) correctly and on time is essential for avoiding penalties, claiming deductions, and maintaining financial credibility.