Income Tax Articles

REITs vs InvITs: Understanding Tax Differences in India

Posted by CA Shiwali Dagar 23 May 2025 699 Views

Explore the tax treatment differences between REITs and InvITs in India. Understand how dividend, interest, rental, and capital gains are taxed for unitholders....

Apply for Nil or Lower TDS Deduction Under Section 197

Posted by Shreyans Panchal 22 May 2025 51 Views

Learn how to apply for a Section 197 certificate to get Nil or Lower TDS deduction on your income. Avoid excess TDS and improve cash flow. Apply now!

ITR-U Filing Extended to 4 Years: Update Past Tax Returns

Posted by Rashmi 22 May 2025 684 Views

Taxpayers can now file updated Income Tax Returns (ITR-U) for up to 4 years from April 2025. Rectify errors and ensure compliance easily.

80G5 Registration: Benefits for NGOs & Donors

Posted by Ishita Ramani 21 May 2025 556 Views

Discover the key benefits of 80G5 Registration for NGOs, including increased trust and CSR funding. Learn how donors gain tax deductions and support verified causes.

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

Posted by Rashmi 21 May 2025 1490 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.