Income Tax Articles

Kabhi Khushi Kabhi Gam - Due Date Extension of ITR

CA Umesh Sharma 03 June 2025 at 08:50

The ITR filing due date for small taxpayers has been extended from 31st July to 15th September 2025 due to major changes in ITR forms. Learn from Arjuna-Krishna's dialogue how taxpayers can benefit and prepare for the new deadline.

Acquisition of Immovable Property by Foreign Nationals in India

Affluence Advisory 31 May 2025 at 08:18

India's real estate market has long been a point of interest for investors across the globe. With its rapidly growing economy, urban expansion, and emerging middle class, property investment in India is considered lucrative.

Decode Mode: Everything You Need to Know About Form 16

Anushka Bhardwaj 31 May 2025 at 08:18

The ITR season is about to arrive, employers will issue Form 16. Seeing the form 16 for the first time? No worries, this article has got you covered.

Can a New NGO Apply for Section 80G(5) Registration?

Ishita Ramani 30 May 2025 at 08:49

In this article, we shall see the process for Section 80G(5) registration for a new NGO.

ITR Forms & Tax Exemptions for Senior Citizens in AY 2025-26

Shivani 29 May 2025 at 10:20

Discover the applicable income tax return (ITR) forms and filing provisions for senior and super senior citizens for AY 2025-26.

NRI Property Sale: The Complete Guide in 2025

CA Arun Tiwari 29 May 2025 at 08:48

Whether you are evaluating your tax obligations, seeking to avoid unnecessary delays, or ensuring compliance with regulatory requirements, this guide will walk you through the process-step-by-step.

Indian Transfer Pricing: A Comprehensive Overview

Niyam 28 May 2025 at 08:46

Transfer pricing, a complex area of international taxation, involves the determination of the price at which goods, services, or assets are transferred between related parties.

The Strain on CAs and Taxpayers: How Government's Decisions Are Backfiring

CA Digant Shah 28 May 2025 at 08:42

The government recently extended the deadline for filing Income Tax Returns (ITRs) to 15th September 2025. While it might seem like a helpful move, it's causing serious problems for Chartered Accountants (CAs) and taxpayers.

Faceless Assessment: A Digital Transformation in Tax Administration

CA.Sangam Aggarwal 28 May 2025 at 08:37

The e-assessment scheme marked a significant shift from the traditional manual assessment system to a technology-driven, faceless, and jurisdiction-free model, aligning with the broader vision of Digital India and ease of doing business.

Long Term Capital Gain On Immovable Properties After Budget 2024

CA. Ankit Chandrakar 27 May 2025 at 10:03

A very significant change that was brought in by the Union Budget 2024 was related to Long Term Capital Gains (LTCG) on the sale of immovable property and its taxability.