Income Tax Articles
Income Tax Stay of Demand under Section 220(6): Budget 2026 Proposal to Reduce Pre-Deposit from 20% to 10%
12 March 2026
2557 Views
Budget 2026 proposes reducing the upfront payment for stay of income-tax demand from 20% to 10% of core tax demand. Learn the legal position, practical implications, and how taxpayers can seek relief during pending appeals.
Revised Income Tax Return: Correcting Errors
Revised income tax return is filed to correct errors or update information after the original return has been filed. Check how to revise it?
Pay Zero Income Tax on Rs.24 Lakh: Tax Secret For Freelancers
Freelancers in India can use presumptive taxation u/s 44ADA to simplify taxes and potentially pay zero tax on Rs.24 Lakh revenue.
Bank Transaction Limits to Watch from April 2026
10 March 2026
27876 Views
From April 2026, taxpayers should be aware of important banking thresholds that may trigger reporting or scrutiny.
How to Claim TDS Refund on Google Ads in India
Learn how to claim TDS reimbursement on Google Ads in India. Step-by-step guide covering 2% TDS under Income Tax Act, 1961, Form 16A submission, documents required, deadlines and how to receive ad credits.
Cash Transaction Limits Under The Income Tax Act 2025: With Related Sections and Penalties
Latest cash transaction limits in India. Avoid heavy penalties on cash sales, property deals, loans and gifts under the Income Tax Act 2025.
E-Tax Payment: How to Pay Tax online on the Income Tax Portal?
E-Tax Payment method offers convenience and security, enabling individuals and businesses to settle their taxes from anywhere, at any time.
ITR-U After Reassessment Notice? Budget 2026 Proposal Explained with Tax Cost & Penalty Protection
07 March 2026
5402 Views
Finance Bill 2026 proposes allowing ITR-U filing after a Section 148 notice, offering taxpayers a compliance route during reassessment. Understand the pros, costs, additional tax burden, and penalty relief under Sections 139(8A), 140B, and 270A before deciding between settlement and litigation.
ITR-U Under Finance Bill 2026 Explained: Loss Adjustment, Section 148 Filing and Penalty Relief
06 March 2026
1298 Views
Union Budget 2026 proposes key changes to the ITR-U (Updated Return) framework under the Income-tax Act, 1961, allowing reduction of losses, permitting filing after Section 148 notices, introducing an additional 10% levy, and granting penalty protection under Section 270A.
Tax Compliance Tracker for the month of March 2026
Stay updated with key Income Tax and GST compliance deadlines for March 2026, including advance tax payment, TDS certificates, Form 67, updated return filing for AY 2021-22 and GST returns such as GSTR-1, GSTR-3B, GSTR-6, GSTR-7, and GSTR-8.
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