Income Tax Articles

Small STCL Rs 2,000 That Turned Into a Penalty of 60% Tax Nightmare!

Shivani 18 August 2025 at 12:29

File ITR correctly as small share losses can invite 60% Tax & Penalties. Avoid costly mistakes. Know what went wrong in this case!

Section 87A Rebate Rule Correction: No Income Tax Up to Rs 12.75 Lakh for Salaried Individuals

Pranab Banerjee 18 August 2025 at 08:28

This article will explain the changes, highlight the correction made in Section 87A, and guide you step by step on how it impacts you.

Will HUFs Be Treated as Beneficial Owners When Shares Are in the Karta's Name?

FCS Deepak Pratap Singh 16 August 2025 at 09:11

Explore whether a Hindu Undivided Family (HUF) qualifies as the beneficial owner of shares registered in the Karta's name, with legal interpretations, tax implications and recent rulings

Deductions Under New Tax Regime 2025 Explained: All-in-One Excel Income Tax Preparation Tool for FY 2025-26

Pranab Banerjee 15 August 2025 at 07:12

Discover the deductions available in the New Tax Regime as per Budget 2025 and simplify your tax filing with our Automatic Income Tax Preparation Software in Excel. Designed for salaried persons for FY 2025-26, this tool helps you calculate taxes accurately and effortlessly.

New Income Tax Bill 2025: Benefits for Taxpayers

Member (Account Deleted) 15 August 2025 at 07:12

Discover how the New Income Tax Bill 2025 simplifies filing, boosts exemptions, eases TDS claims, benefits salaried individuals, property owners, companies, and ensures greater transparency for taxpayers.

Taxability of Interest on Fixed Deposits: Know How to Calculate & Pay Tax?

Poojitha Raam Vinay 14 August 2025 at 11:22

Discover how FD interest is taxed in India and ways to avoid TDS by submitting Form 15G/15H if your income is below the taxable limit.

How Startups Can Legally Pay Zero Tax for Three Years

LegalDev 14 August 2025 at 08:27

Many Indian startups miss out on Section 80-IAC tax benefits. Learn how to claim a 3-year zero tax holiday legally and boost your business growth.

Carry Forward of Share Trading Losses AY 2025-26

CA Varun Gupta 13 August 2025 at 08:36

A complete professional guide to carrying forward and setting off share trading losses for AY 2025-26. Learn statutory provisions, ITR compliance rules, new business codes and real-world filing strategies for intraday, F&O and delivery-based trades.

Selling old shares worth Rs 4 lakh: How much tax will I need to pay for FY 25-26?

Srinidhi S 12 August 2025 at 11:36

Planning to sell shares in FY 2025-26? Learn how to calculate long-term capital gains, apply the Rs 1.25 lakh exemption under Section 112A, use the grandfathering clause and reduce your tax liability effectively.