Income Tax Articles

Minor's Income & TDS: Clubbing, Refunds & Demands

Posted by CA Varun Gupta 30 August 2025 1512 Views

Understand how minor's income is taxed, clubbing provisions, TDS credit claims, and resolving demands under the Income Tax Act. Get expert advice.

Tax Filing 2025: Old vs New Regime Deductions

Posted by LegalDev 30 August 2025 7157 Views

Compare old vs new tax regimes for 2025. Discover key deductions like Standard Deduction & EPF/NPS contributions still available in both. Make informed filing choices.

New Tax Regime FY 24-25: 40+ Deductions & Exemptions

Posted by Mitali

28 August 2025 2867 Views

Discover over 40 deductions & exemptions under the New Tax Regime for FY 24-25. Learn how to maximise your tax savings before filing. Explore now!

Is It Mandatory To Disclose All Bank Accounts in ITR: What If Not Shown?

Posted by Mitali

27 August 2025 27224 Views

Learn why reporting every bank account in your ITR is mandatory and know how missing bank accounts in your ITR can trigger IT notices and heavy fines.

Income Tax Filing 2025: New Business Codes for Intraday, F&O and Delivery-Based Trading

Posted by CA Varun Gupta 29 August 2025 3750 Views

Learn about the new Income Tax business codes for share trading - 21009 (Intraday), 21010 (F&O) and 21011 (Delivery-Based). Understand speculative vs non-speculative income, Section 44AD applicability, ITR-3 vs ITR-4 usage, audit rules under Section 44AB and loss carry-forward provisions for traders.

PAN-Aadhaar Linking Relief for Property Deals: CBDT Clarification

Posted by CA Varun Gupta 28 August 2025 6845 Views

Navigating PAN-Aadhaar linking issues in property deals? Discover CBDT's latest clarification (Circular 9/2025) and how buyers & sellers can resolve TDS demands.

Avoid 200% Tax Penalty: Salaried Employee Tax Mistakes

Posted by Mitali

26 August 2025 1107 Views

Salaried employees: avoid hefty tax penalties! Learn why claiming unallowed allowances or misreporting income can cost you up to 200% of your tax due. Read more!

Old vs New Tax Regime: Save More Tax in 2025-26

Posted by Pranab Banerjee

27 August 2025 1360 Views

Choosing between old and new tax regimes? Discover which one saves you more tax for FY 2025-26 with our clear comparison and breakeven points.

Cloud Data as Books of Account Under Income Tax Act 2025?

Posted by Vivek Jalan 26 August 2025 549 Views

Explore if cloud data can be treated as 'books of account' under the Income Tax Act 2025. Understand the implications for tax assessments and compliance.