Income Tax Articles
Income Tax Notices on the Rise: Top Triggers You Must Avoid in 2025
28 November 2025
3767 Views
With digitisation, data-matching, and AI-driven analytics, the Indian Income Tax Department has become more vigilant than ever. As we move into 2025, the number...
Tax Relief - High Court Directs IT Department On GST Input Verification
Gujarat High Court rules that reassessment under Section 148A cannot rely solely on GST data. AOs must independently verify information, record prima facie belief, and follow due process before issuing notices.
Gujarat HC: Income Tax Dept Cannot Issue 148A Notices Solely on GST Dept Inputs
High Courts warn the Income Tax Department against issuing 148A notices based solely on GST or Sales Tax Department data, stressing independent verification and inquiry.
Enhancing Tax Transparency on Foreign Assets & Income: A Concise Overview of CRS & FATCA
A clear guide to India's foreign asset reporting requirements under CRS and FATCA, explaining mandatory disclosures in Schedules FA, FSI and TR, key compliance rules, filing restrictions, currency conversion norms and penalties for non-reporting.
TDS Refund For AY 2025-26: Latest Update
Wondering why your TDS refund is delayed? Discover key CBDT updates, refund processing status, and tips for faster refund release in 2025.
Is Your International Payment Taxable? A Practical Guide to Separating Business Profits from Royalty and Technical Fee
A practical guide to distinguishing business profits, royalties, and technical fees in international payments. Understand how contracts, DTAA rules and Form 15CA/CB requirements shape taxability, compliance, and certification, complete with real examples and clarity on grey areas.
The Income Tax Act, 2025: A Modern Framework for a New Era
The Income Tax Act, 2025 modernises India’s tax law with simplified structure, clearer definitions, digital reforms, and streamlined compliance effective from 1 April 2026.
Digitalization of Capital Gains Account Scheme (CGAS)
Updated in 2025, the Capital Gains Account Scheme now offers digital deposits, more authorized banks, online closures, and clearer rules for LTCG exemptions.
Tax Offences Under the New Income Tax Act 2025: How They Compare With the 1961 Act
A detailed comparison of key prosecution offences under the Income Tax Act, 1961 and the new Income Tax Act, 2025, including sections on wilful tax evasion, failure to file returns, and non-payment of TDS/TCS.
No Advance Tax for Pensioners in FY 2025-26
24 November 2025
1349 Views
Know how pensioners can avoid advance tax if they don’t have any business or profession income.
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