Income Tax Articles

Tax Residency Certificate (TRC) India: How to Get It

Posted by CA Umesh Kumar Jethani 05 June 2026 413 Views

Understand what a Tax Residency Certificate (TRC) is in India. Learn how to apply for it to avoid double taxation and claim DTAA benefits. Get your TRC now!

Income Tax on Retirement Benefits For AY 2026-27: One Guide Covering Everything

Posted by Poojitha Raam Vinay 10 June 2026 30707 Views

Know how retirement benefits are taxed in AY 26-27, including pension, gratuity, PF, NPS, leave encashment, exemptions and tax-saving tips.

FD Interest Rates for 444-Day Special Scheme 2026: Check Which PSU Bank Offers Highest Return?

Posted by Poojitha Raam Vinay 05 June 2026 54624 Views

Are you planning to invest in a 444-day special FD - Discover which PSU bank offering the highest return - compare SBI, PNB, BoB and other PSU banks to find which offers the highest returns.

Foreign Assets, RSUs and Foreign Bank Accounts in ITR: Schedule FA Reporting, Notices and Penalty Explained

Posted by CA Varun Gupta

03 June 2026 1796 Views

Foreign assets in ITR? Understand Schedule FA disclosure rules for foreign bank accounts, RSUs, ESOPs, overseas investments, Form 67, and penalties for non-reporting in AY 2026-27.

Long-Term Capital Gain Tax: Exemptions Available in AY 2026-27

Posted by Ishwarya Keerthi B 10 June 2026 34113 Views

Learn about Long-Term Capital Gain (LTCG) tax exemptions available for AY 2026-27 under Sections 54, 54F, 54EC, and 54B. Discover how strategic reinvestment in property, bonds, or agricultural land can help reduce or eliminate LTCG tax legally.

Section 87A and Section 156 Rebate Explained: Why Tax May Still Be Payable Below Rs 12 Lakh

Posted by CA Varun Gupta

02 June 2026 4751 Views

Why are some taxpayers receiving tax demands despite income below Rs 12 lakh? Learn how Section 87A rebate works, the role of Section 156, and situations where tax may still be payable.

Best Investment Options for Senior Citizens in June 2026 With Tax Benefits

Posted by Chaitra Seetharam 01 June 2026 7288 Views

Discover the best tax-saving investment options for senior citizens in June 2026. Compare SCSS, tax-saving FDs, NPS, and ELSS funds to earn higher returns, claim deductions under Sections 80C, 80CCD(1B), 80TTB, and 80D, and secure a comfortable retirement.

Tax Implications on Rs 50 Lakh Income for AY 2026-27

Posted by Ishwarya Keerthi B 01 June 2026 9422 Views

Calculate income tax on ₹50 lakh salary for AY 2026-27 under the new and old tax regimes. Compare tax liability, surcharge impact, deductions, and smart tax-saving strategies to choose the most beneficial regime.

How to Avoid Higher Circle Rate Addition When Agreement Date Is Earlier Than Registration Date

Posted by CA Varun Gupta

01 June 2026 1186 Views

Learn how agreement-date stamp duty value can be adopted instead of registration-date value under Sections 50C, 43CA, and 56(2)(x). Understand payment conditions, 110% safe harbour, buyer-seller implications, practical examples, and key judicial rulings.

SBI Monthly Income Scheme 2026: Apply Online From Home For Best Return

Posted by Mitali

29 August 2026 52326 Views

Learn about the SBI Monthly Income Scheme through Fixed Deposits, including latest interest rates, eligibility, online account opening process, monthly income calculation, tax implications, premature withdrawal rules, and benefits for retirees and conservative investors seeking regular income.