Income Tax Articles

Wife Receives Rent but Property in Husband's Name: Hidden Tax Trap

Mitali 05 September 2025 at 13:13

Know how the rental agreements in a spouse’s or children's name impact tax with legal provisions and how AI can traces Tax Evasion.

Property and Cash Received as Gifts: How To Report in ITR?

Poojitha Raam Vinay 05 September 2025 at 12:36

Learn the tax rules on gifts in India under Section 56(2)(x) of the Income Tax Act. Know which gifts are exempt, when they become taxable, and how to report them in your ITR to ensure compliance and avoid scrutiny

Crypto Reporting in ITR: Rules and Filing Tips

Chaitra Seetharam 05 September 2025 at 11:19

Learn how newly introduced disclosures and schedules in your ITR help ensure accurate reporting of crypto income.

Income Tax Notice Alert: Verify first, Click Later

CA Anita Bhadra 05 September 2025 at 08:42

Fake Income Tax Notices are on the rise, often designed with official logos and urgent language to trick taxpayers. Learn how to spot fraudulent notices, verify authenticity using the e-filing portal, and protect your personal details from phishing scams.

Opting for the New Tax Regime? Discover 5 Key Benefits You Shouldn't Miss and Check your Tax Liability

Pranab Banerjee 05 September 2025 at 08:37

The Union Budget 2025 introduces a revamped new tax regime with revised slabs, higher deductions, and simplified filing. Explore five key benefits, including more savings, stress-free compliance, better cash flow and flexibility to switch between regimes.

New or Old Tax Regime: Can Salaried Employees Switch Tax Regime at the Time of Filing ITR?

Pranab Banerjee 04 September 2025 at 08:38

This article will explain how to switch old or new tax regime, the rules, the benefits and the process in a simple, engaging way.

How to Earn more than 8.20% Interest from Senior Citizen Savings Scheme 2025

Mitali 03 September 2025 at 12:51

Senior Citizen Saving Scheme (SCSS) allows eligible individuals to earn interest on their investments with a potential strategy from 1st September 2025 onwards...

Statutory Tax Compliance Tracker - September 2025

CS Lalit Rajput 03 September 2025 at 11:05

Check the September 2025 compliance calendar under the Income Tax Act 1961 and GST 2017. Stay updated with due dates for TDS, advance tax, ITR filing, GST returns (GSTR-1, GSTR-3B, QRMP, ISD, TDS/TCS), audit reports and other statutory filings.

Income Tax Section 148A: A Complete Guide for the General Public

Pranab Banerjee 03 September 2025 at 08:39

In this article, we will explore Income Tax Section 148A in detail. We'll break it down into simple terms, use real-life analogies, and ensure you fully understand your rights and responsibilities.

What Tax Professionals and CAs need to prepare for before April 2026

Srinidhi S 02 September 2025 at 14:47

Stay updated on key financial and regulatory changes effective April 1, 2026, including the New Income-tax Act 2025, GST reforms, ICAI's tax audit guidelines, Ind-AS amendments and revised auditing standards.