Income Tax Articles

TDS Refund For AY 2025-26: Latest Update

Mitali 25 November 2025 at 13:01

Wondering why your TDS refund is delayed? Discover key CBDT updates, refund processing status, and tips for faster refund release in 2025.

Is Your International Payment Taxable? A Practical Guide to Separating Business Profits from Royalty and Technical Fee

CA. Bhavik P. Chudasama 25 November 2025 at 10:21

A practical guide to distinguishing business profits, royalties, and technical fees in international payments. Understand how contracts, DTAA rules and Form 15CA/CB requirements shape taxability, compliance, and certification, complete with real examples and clarity on grey areas.

The Income Tax Act, 2025: A Modern Framework for a New Era

CA.Sangam Aggarwal 25 November 2025 at 06:17

The Income Tax Act, 2025 modernises India’s tax law with simplified structure, clearer definitions, digital reforms, and streamlined compliance effective from 1 April 2026.

Digitalization of Capital Gains Account Scheme (CGAS)

CA Umesh Sharma 25 November 2025 at 06:17

Updated in 2025, the Capital Gains Account Scheme now offers digital deposits, more authorized banks, online closures, and clearer rules for LTCG exemptions.

Tax Offences Under the New Income Tax Act 2025: How They Compare With the 1961 Act

Vivek Jalan 25 November 2025 at 06:17

A detailed comparison of key prosecution offences under the Income Tax Act, 1961 and the new Income Tax Act, 2025, including sections on wilful tax evasion, failure to file returns, and non-payment of TDS/TCS.

No Advance Tax for Pensioners in FY 2025-26

Poojitha Raam Vinay 24 November 2025 at 15:45

Know how pensioners can avoid advance tax if they don’t have any business or profession income.

One Missed ITR Dragged 82 Year Old Woman to High Court

Mitali 24 November 2025 at 13:57

Know how an 82-year-old senior citizen fight against income tax penalties due to an unfiled return caused by health issues.

Is Your STCG Blocking Your Section 87A Rebate?

Chaitra Seetharam 24 November 2025 at 10:40

Understanding Section 87A can be confusing when Short-Term Capital Gains (STCG) are involved. While the rebate eliminates tax for income up to Rs 7 lakh under the new regime, STCG taxed at special rates often causes mistaken tax demands.

How to Fix AIS Mismatch While Filing Your Income Tax Return: Simple Guide (AY 2025-26)

Karthik Annaram 24 November 2025 at 06:22

Facing AIS mismatch while filing ITR? Learn the common causes, how to fix errors using AIS feedback, and when to revise your return to avoid tax notices.