Income Tax Articles

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

Posted by CA Varun Gupta

29 August 2025 3760 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 6875 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 1117 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 1368 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 553 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.

TDS on Salary: Govt Transfers Mandatory, Private Optional

Posted by CA Prashant Gupta 25 August 2025 440 Views

Understand TDS on salary for government transfers (mandatory consolidation) vs. private sector changes (optional). Learn about Form 12B & Form 16.

Section 80JJA: Tax Deduction for New Jobs in India

Posted by Madhur Gupta 25 August 2025 2432 Views

Discover Section 80JJA tax deductions for employers hiring new staff in India. Learn eligibility, calculation, and how to claim this incentive.

Tax-Free Perquisites & Overseas Medical Cover for Salaried Staff

Posted by Mitali

23 August 2025 317 Views

Salaried employees enjoy new tax exemptions on non-monetary perquisites (up to £4 lakh salary) and overseas medical treatment under Rules 3C & 3D. Learn more!