Income Tax Articles

Tiger Global Ruling: A Reminder That Substance Matters in Tax Treaties

CA Aishwariya K Rajagopal 20 January 2026 at 06:10

Why the Tiger Global case matters: The Supreme Court clarifies that a Tax Residency Certificate alone does not guarantee treaty benefits, allowing tax authorities to examine substance, control and intent behind foreign investment structures.

Old vs New Tax Regime for AY 2025-26: Which One Should You Choose?

CA. Urmila Mahalwal 20 January 2026 at 06:10

Compare Old vs New Tax Regime for AY 2025-26 with updated tax slabs, deductions, rebates and a practical example. Learn which regime offers lower tax liability and how to choose the most beneficial option.

No ITR Filed Before But in FY 25-26 I Made Rs 4.5L Stock Gains with Rs 2.4L Salary: How Much Tax Do I Need to Pay?

Chaitra Seetharam 19 January 2026 at 11:52

First-time ITR filers in FY 2025–26 earning ₹2.4L salary and ₹4.5L equity LTCG may pay ~₹35,000–₹42,000 tax under the new regime, after Section 87A rebate and cess.

Section 143(2) Scrutiny Notices 2025: Time-Bar Deadline, Foreign Remittance Triggers and Step-by-Step Resolution Guide

CA Varun Gupta 19 January 2026 at 06:50

Section 143(2) notices surged in June 2025 due to time-bar limits. Learn scrutiny reasons, foreign remittance triggers, and how to respond before 31.03.2026.

Tax Rates For Senior Citizens AY 2026-27: Tax-Free Secrets Revealed

Mitali 16 January 2026 at 13:34

Senior citizen income tax guide for FY 2025-26 explaining age categories, ITR filing rules, tax regimes, slabs, rebates, special incomes, TDS reliefs and exemptions.

ATM Withdrawal Limit in India For The Year 2026

Poojitha Raam Vinay 15 January 2026 at 16:15

Latest daily ATM withdrawal limits for major Indian banks for the year 2026. Check today confirm your limit and withdraw hassle-free.

RSUs & ITR Filing: Practical Pointers Every Tax Professional Should Know

CA Aishwariya K Rajagopal 14 January 2026 at 07:43

Restricted Stock Units (RSUs) involve complex tax and compliance issues covering salary taxation, capital gains, and foreign asset disclosure. This article explains common RSU tax challenges, documentation requirements, cost of acquisition, Schedule FA reporting, and clears misconceptions around sell-to-cover and double taxation.

Section 10(10AA) Explained: Claiming Refund of Leave Encashment Tax Paid Before 1st April 2023

CA Varun Gupta 14 January 2026 at 07:43

Bank employees and PSU retirees can claim up to Rs 25 lakh tax exemption on leave encashment under Section 10(10AA). This article explains the revised limit, CBDT notifications, judicial views for pre-01.04.2023 cases, and practical refund options such as rectification, appeal, and condonation.

Bank Account Limits in India 2026: Rules Decoded

Mitali 13 January 2026 at 13:11

Bank Limits 2026: Avoid 2026 tax notices! Savings, Current cash rules, TDS, Foreign or domestic reporting, digital limits. Stay penalty-free with this full breakdown!

Budget 2026: Will the 30% Tax Slab Limit Rise to Rs 35 Lakh? Expert Opinions and Financial Equations

LegalDev 10 January 2026 at 09:24

Budget 2026 may raise the 30% income tax slab from Rs 24 lakh to Rs 35 lakh, offering major relief to middle-class salaried taxpayers. Here’s what it means.