Income Tax Articles

Draft Rules May Bring The Old Regime Into Focus

Changes in Income from House Property from April 2026

The Union Budget 2026 proposed targeted amendments to the rules governing Income from House Property, effective April 1, 2026, bringing the Income-tax Act, 2025..

Finance Bill 2026: Resetting The Return Calendar Under The Income Tax Act, 2025

  Raj Jaggi    13 February 2026 at 06:46

Finance Bill 2026 proposes key amendments to Section 263 of the Income-tax Act, 2025, rationalising return filing due dates, extending the revised return timeline to 12 months, and clarifying updated return provisions to strengthen voluntary tax compliance from Tax Year 2026-27.

Tax Deduction Rules for Employee Contributions From April 2026

  Poojitha Raam Vinay    12 February 2026 at 16:20

OverviewEffective April 1, 2026, employer compliance for employee contributions (EPF, ESI, superannuation) is simplified by allowing tax deductions if deposited..

Buy-Back Gains Now Taxed as Capital Gains

Union Budget 2026 restores capital gains taxation on share buybacks, effective April 1, 2026, abolishing the company-level buyback tax. Shareholders will now pay tax only on net capital gains based on holding period, replacing the earlier dividend-style taxation model.

Income Tax and GST on Social Media Income

  venkanna setty    12 February 2026 at 06:43

Complete guide on tax and GST on social media income in India. Covers income tax, TDS, GST registration, foreign income, LUT and compliance tips.

Expenditure on educational seminars by 'Charitable Institutions' related to the main object cannot be disallowed

Chintan Shivirs serve as platforms for knowledge exchange through seminars and conferences. Learn how such educational activities align with Section 11 tax exemptions, key Supreme Court rulings and the limits on commercial receipts.

Section 144C Time-Limit Finally Clarified: No More Litigation on Draft vs Final Assessment Deadlines

  Poojitha Raam Vinay    09 February 2026 at 16:39

Finance Bill 2026 clarifies Section 144C time limits with retrospective amendments, settling the draft vs final assessment order controversy, DRP timelines, and applicability of Sections 153 & 153B.

TDS Rate Chart For Tax Year 2026-27: With Revised Section Codes in Challans

Income Tax from 1 April 2026 simplifies TDS/TCS by consolidating sections 392-402. Check updated section codes, TDS rates, thresholds & compliance rules for AY 2026-27.

Payment for Background screening and Investigation Services is neither Fees for Technical Services (FTS) nor Royalty

ITAT Delhi rules that payments for background screening services are neither royalty nor FTS, as they do not involve the use of copyright or 'make available' technical knowledge.