Income Tax Articles

Latest Changes in ITR Forms for AY 2025-26

CA.Sangam Aggarwal 25 June 2025 at 08:42

In this article, we present a detailed overview of the newly notified ITR forms for AY 2025–26, outlining the key changes introduced and their practical implications for different categories of assessees.

Retired with Rs 55 Lakh Pension & Gratuity: Which ITR Form Should You File for FY 2024-25?

Poojitha Raam Vinay 24 June 2025 at 17:42

Gratuity is a lump sum monetary benefit paid by an employer to an employee as a token of appreciation for long-term service, usually at the time of retirement, resignation, or death

Pay Zero Tax on Rs 17 Lakh Rental Income in FY 2025-26: Here's How

Chaitra Seetharam 23 June 2025 at 11:39

Income from house property is one of the five heads of income under which a taxpayer is required to compute and pay taxes. It includes rental income from property, deemed rent (if the property is not let out), and other related aspects.

India vs. Pakistan: Who Pays More Income Tax?

Poojitha Raam Vinay 21 June 2025 at 17:57

In regional terms, India is the largest economy in South Asia, while Pakistan ranks second but remains much smaller in scale.

Understanding Cashflow Statement

Aniruddha Deshpande 20 June 2025 at 14:48

Cashflow statement is part of financial statement. Before going in deep let's understand reason for which cash flow statement is prepare.

Tax Rules for Freelancers in FY 2025-26: ITR Filing, TDS and GST Compliance

CA Varun Gupta 20 June 2025 at 08:29

Discover essential Income Tax and GST compliance tips for freelancers in India for FY 2025-26. Learn about Section 44ADA, 44AD, TDS rules, ITR filing, and smart tax-saving strategies tailored for self-employed professionals.

Capital Gain on Sale of Listed Shares

CA Bijo scaria 20 June 2025 at 08:20

Explore the types of stock market investments - Equity, F&O, Intraday and understand their tax implications under capital gains and business income. Includes LTCG/STCG rates, exemptions and ITR tips.

Pension + FD = Rs 20 Lakh: Will a Senior Citizen Pay Tax in FY 2025-26?

Poojitha Raam Vinay 18 June 2025 at 12:11

Applicable Tax Regime Options for Senior Citizens

600 Milestones of Tax Wisdom: The Roadmap to ITR Filing

CA Umesh Sharma 17 June 2025 at 08:48

Confused about which ITR form to file? Join Arjuna and Krishna in this enlightening tax journey as they decode ITR-1 to ITR-6, helping every taxpayer pick the right path for smooth and penalty-free filing.

Cryptocurrency & Taxation in India: What Businesses and Investors Often Miss

CA Shiwali Dagar 17 June 2025 at 08:48

Discover the 8 most common crypto tax mistakes in India - from misinterpreting the 30% flat tax and ignoring 1% TDS rules to misclassifying assets and missing foreign income disclosures. Avoid penalties with the right compliance strategies under Section 115BBH, 194S, and GST laws.