Income Tax Articles

Latest Government Guidelines for Online 12A Registration in India

Ishita Ramani 24 May 2025 at 08:40

In this article, we shall know more about the latest changes to the 12A Registration process.

Tax Treatment Differences Between REITs and InvITs in India

CA Shiwali Dagar 23 May 2025 at 08:31

Both Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are structured as trusts in India and are regulated by the SEBI. They operate as pass-through entities for certain types of income to avoid double taxation.

Big Win for Taxpayers: 4-Year Window for ITR-U Filing Starts April 2025

Rashmi 22 May 2025 at 08:31

The Central Board of Direct Taxes (CBDT) has amended the rules for filing ITR-U (Updated Return), as announced in Budget 2025.

Benefits of Section 80G5 Registration for NGOs and Donors

Ishita Ramani 21 May 2025 at 08:37

This article explains the important benefits of Section 80G5 Registration and how it impacts NGOs and donors alike.

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

Rashmi 21 May 2025 at 08:30

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?

Sections 79 & 72A in Corporate Restructuring: A Comparative Study with Income Tax Bill 2025

Shailesh Prajapati 19 May 2025 at 08:28

Corporate Restructuring and study of Section 79 and Section 72A of the Income Tax Act and corresponding Section in the Income Tax Bill 2025.

Business Trusts in India: A Complete Guide for Investors

CA Shiwali Dagar 15 May 2025 at 08:42

A business trust is generally formed as a trust structure rather than a company. It pools capital from investors and invests in income-generating assets like real estate or infrastructure projects.

CBDT Notifies Revised ITR-7 Form for AY 2025-26: Key Changes and Compliance

Rashmi 13 May 2025 at 08:37

The Central Board of Direct Taxes (CBDT) has notified the revised Income Tax Return Form ITR-7 via Notification No. 46/2025 dated May 9, 2025, applicable from Assessment Year 2025-26 (FY 2024-25).

Tax Filing for Doctors, Lawyers & Consultants: Key Deductions & Tips

Shreyans Panchal 12 May 2025 at 11:41

In this guide, we'll break it all down clearly – no complicated jargon. Just practical tips on what counts as professional income, what deductions are allowed, and how to file your taxes with confidence and minimum headache.