Income Tax Articles

Owning Multiple Floors in a Building: Does It Disqualify You From LTCG Exemption Under Section 54F?

Posted by Rashmi 21 May 2025 1487 Views

The Delhi High Court has recently clarified a long-debated issue in tax law - does owning multiple floors in the same residential building mean you own more than one residential property?

New Tax Regime Deductions for Salaried FY 2025-26

Posted by Mitali 20 May 2025 77 Views

Discover deductions for salaried individuals in the New Tax Regime for FY 2025-26. Learn about standard deductions, family pension, and more to reduce your tax liability.

Sections 72A & 79: Corporate Restructuring Tax Changes 2025

Posted by Shailesh Prajapati 19 May 2025 1724 Views

Explore changes to Sections 72A & 79 in the Income Tax Bill 2025. Understand implications for corporate restructuring, loss carry-forward, and shareholding.

TDS Rates 2025: Updated Chart & Budget Changes

Posted by Mitali 19 May 2025 13 Views

Explore the updated TDS rates for FY 2025-26 as per Budget 2025. Discover changes in rates and thresholds to ensure tax compliance.

Leave Encashment Tax Exemption: Formula & Rules

Posted by Shreyans Panchal 16 May 2025 39 Views

Understand leave encashment tax exemption rules for government and private employees. Learn the formula and get tips to maximize your tax-free benefits.

FII LTCG Tax Rate Hike from April 2026

Posted by Chaitra Seetharam 16 May 2025 16 Views

Discover the upcoming changes to the LTCG tax rate for FIIs in India. Learn about the new 12.5% rate effective April 1, 2026.

Business Trusts in India: Investor Guide

Posted by CA Shiwali Dagar 15 May 2025 1294 Views

Understand business trusts in India, including REITs and InvITs. Learn about their structure, features, and taxation for investors.

Revised ITR-7 Form for AY 2025-26: Key Changes

Posted by Rashmi 13 May 2025 419 Views

Discover the key changes in the revised ITR-7 form for AY 2025-26. Essential compliance update for trusts, political parties & tax-exempt entities. File now!

Tax Deductions for Doctors, Lawyers & Consultants

Posted by Shreyans Panchal 12 May 2025 3475 Views

Doctors, lawyers & consultants: Discover key tax deductions and tips for professionals. Simplify filing & maximise savings. Learn about Section 44ADA.