Income Tax Articles

Section 271(1)(c) Penalty Disputes: Legal Analysis

Posted by CA Varun Gupta 11 June 2025 1470 Views

Understand Section 271(1)(c) penalty disputes. Learn why specifying the charge (concealment vs. inaccurate particulars) is crucial for validity.

Advance Tax vs Self-Assessment Tax: Avoid ITD Notices

Posted by Mitali 10 June 2025 305 Views

Understand why the IT department issues notices for paying Self-Assessment Tax instead of Advance Tax. Learn how to avoid interest and penalties.

Advance Tax: What to Know Before You Pay

Posted by CA Umesh Sharma 10 June 2025 252 Views

Understand advance tax payments. Learn about due dates, how to estimate your liability, new TDS rules for partnerships, and who's exempt. Pay on time!

IT Dept SMS: 80GGC Deductions & Political Donations

Posted by Mitali 09 June 2025 5944 Views

Received an IT Dept SMS about 80GGC deductions? Learn about political donations, potential scams, and how to revise your ITR if you claimed incorrectly.

NRI DTAA Benefits: Avoid Double Taxation in India

Posted by Shreyans Panchal 06 June 2025 9 Views

NRIs: Learn how to claim Double Taxation Avoidance Agreement (DTAA) benefits in India. Understand eligibility, income types, and procedures to reduce your tax burden.

ITR Forms AY 2025-26: New Annexures & Key Changes Guide

Posted by Chaitra Seetharam 06 June 2025 1080 Views

Understand the new annexures and key changes in ITR forms for AY 2025-26. Learn about default tax regimes, deduction reporting, and updated LTCG limits.

Penalty Proceedings Must Be Deferred During Pendency of Quantum Appeal: Legal Framework and Judicial Guidance

Posted by CA Varun Gupta 06 June 2025 1333 Views

Understand why penalty proceedings under income tax law should be kept in abeyance when the quantum addition is under appeal. Learn legal precedents, practical guidance, and taxpayer rights.

Is Selling Old Gold Taxable? Your Guide to Capital Gains Tax

Posted by CA.Sangam Aggarwal 05 June 2025 3142 Views

Discover if selling your gold jewellery, coins, or bars is taxable in India. Understand capital gains tax, holding periods, and tax rates for gold sales.