Income Tax Articles

NRI Returns: Tax on Rs 2 Cr Fixed Deposit Interest?

Posted by Poojitha Raam Vinay 14 July 2025 1238 Views

A 65-year-old NRI becomes a resident. Discover how your Rs 2 crore fixed deposit interest is taxed in India and learn about senior citizen benefits.

Form 26A: Relief for Deductors under Section 201- Detailed Guide with Case Laws & Interest Calculation

Posted by Shubham Tripathi 14 July 2025 4037 Views

Learn how Form 26A helps deductors avoid 'assessee-in-default' status under Section 201 of the Income Tax Act when TDS is not deducted but tax is paid by the deductee. Understand its legal basis, interest implications and key case laws.

Section 271H IT Act: New TDS/TCS Filing Penalty Rules

Posted by Mitali 11 July 2025 9 Views

Understand changes to Section 271H of the IT Act regarding TDS/TCS filing penalties. Learn about new deadlines and potential fines for non-compliance.

PAN 2.0: QR Code PAN Card Upgrade for Taxpayers

Posted by Mitali 11 July 2025 11 Views

Discover PAN 2.0: India's e-Governance project upgrading PAN cards with dynamic QR codes. Learn about new features and benefits for taxpayers. Read more!

Aadhaar OTP Mandate: Tax Pro Guide to Compliance

Posted by Abhishek Raja 11 July 2025 1215 Views

Understand the Aadhaar OTP mandate for tax professionals. Learn compliance steps, deadlines, and how to resolve common e-verification issues for seamless tax filing.

Cloud Tax Filing: Why Professionals Are Switching

Posted by shalini 11 July 2025 1109 Views

Discover why tax professionals are moving to cloud filing software for speed, collaboration, and compliance. Make the switch today!

Tax Loss Harvesting: Cut Your Capital Gains Tax

Posted by FCS Deepak Pratap Singh 09 July 2025 289 Views

Discover Tax Loss Harvesting: sell investments at a loss to offset capital gains and reduce your tax bill. Learn how to use this strategy effectively.

Avoid ITR Filing Mistakes: The Hidden Costs of DIY

Posted by CA. Bhavik P. Chudasama 09 July 2025 2007 Views

Filing your own ITR? Discover common DIY mistakes that can lead to penalties, notices, and costly errors. Learn why expert advice is often cheaper.

Education Costs & Tax Relief: What You Need to Know

Posted by CA Umesh Sharma 08 July 2025 514 Views

Discover tax deductions for tuition fees (Sec 80C) & education loan interest (Sec 80E). Learn which expenses qualify & the impact of the new tax regime.