Income Tax Articles


Income Tax Free Limit for AY 2026-27: Complete Guide

Posted by Chaitra Seetharam 20 April 2026 30948 Views

Check the latest tax-free income limit in ITR for AY 2026-27. Compare old vs new tax regime and save more tax.



India Buyback Tax Changes: Promoter Penalty & New Capital Gains

Posted by Affluence Advisory 20 April 2026 238 Views

Understand India's 2026 buyback tax changes. Navigate the 'Promoter Penalty' and new capital gains framework for strategic shareholder distributions.



Section 378 Income Tax Act 2025: Assessee Relief Guide

Posted by CA Varun Gupta 20 April 2026 1404 Views

Understand Section 378 of the Income Tax Act, 2025. Learn how assessees can seek revision of orders and gain relief under this beneficial provision.



Sections 263 & 377 Income Tax: Reply, Remedies & Mitigation

Posted by CA Varun Gupta 18 April 2026 1269 Views

Understand notices under Income Tax Sections 263 & 377. Learn about the revisional authority's powers, assessee remedies, and mitigation strategies.



Loan Waiver Taxability: Interest vs. Principal Explained

Posted by Vivek Jalan 18 April 2026 336 Views

Understand the taxability of loan waivers. Learn how interest and principal waivers are treated differently under income tax laws.



DIN Defect in Income Tax Orders after CBDT Circular No. 4/2026: Section 292BA, Retrospective Amendment and Assessee's Grounds of Appeal

Posted by CA Varun Gupta 17 April 2026 603 Views

CBDT Circular 4/2026 revises the DIN framework in income-tax communications, introducing section 292BA with retrospective effect. This article analyses key changes, limitations, and continuing litigation opportunities for taxpayers.



Supreme Court GPU Rules: Trade, Business & Charitable Trusts

Posted by Vivek Jalan 17 April 2026 125 Views

Understand the Supreme Court's landmark ruling on Section 2(15) for GPU charitable trusts. Learn rules on trade, business, and consideration limits.



PAN Application Using New Forms as per Income-Tax Rules 2026

Posted by Chaitra Seetharam 16 April 2026 6002 Views

The new PAN application system effective April 1, 2026 introduces Forms 93-96, replacing Forms 49A/49AA. Learn applicant categories, key rule changes, documentation requirements, and updated PAN correction forms.



Slump Sale India: Section 50B, GST & Tax Guide

Posted by CA Varun Gupta 16 April 2026 1712 Views

Understand Slump Sale taxation in India under Section 50B, Rule 11UAE. Learn about net worth, capital gains, and GST implications for business transfers.



Important things to know about New Income Tax Act 2026 Transition

Posted by CA Umesh Sharma 15 April 2026 1009 Views

India's new Income Tax framework from April 1, 2026 simplifies laws with fewer sections, unified forms, and revised timelines. Explore key procedural changes, ITR filing rules and compliance updates taxpayers must know.




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