Income Tax Articles

ITA 2025: Can Mere Suspicion Trigger Seizure? Karnataka HC's Xiaomi Verdict Explained

Posted by Vivek Jalan 11 May 2026 705 Views

Can mere suspicion trigger seizure of foreign assets? Explore how Section 247 of ITA 2025 links with the Black Money Act, the Karnataka HC's Xiaomi ruling, and the legal framework behind foreign asset seizure.

Post Office Monthly Income Scheme 2026: Know How To Earn Rs 16,650 per Month?

Posted by Mitali 09 May 2026 376441 Views

Know Post Office Monthly Income Scheme 2026 interest rate, monthly income calculation, tax rules, eligibility, deposit limits, maturity and how to earn ₹16,650 monthly.

The 2026 Direct Tax Transformation: A Strategic Roadmap for India's New Fiscal Era

Posted by Affluence Advisory 08 May 2026 168 Views

Explore the biggest financial and tax reforms under the IT Act, 2025 from the new Tax Year system and revised tax slabs to NBFC TDS rules, Digital Rupee integration, FEMA reforms, startup tax relief, ESG incentives, HRA expansion and capital market changes shaping India’s fiscal landscape in 2026.

Presumptive Taxation Limit for AY 2026-27

Posted by Ishwarya Keerthi B 07 May 2026 9932 Views

Understand presumptive taxation for AY 2026–27 under Sections 44AD, 44ADA, and 44AE. Learn turnover limits, eligibility, digital transaction benefits, tax rates, audit exemptions and key compliance rules for small businesses, professionals, and transporters.

How to File ITR-4 Online in 2026: Step-by-Step Guide to Mandatory Investment Disclosures

Posted by CA Umesh Kumar Jethani 07 May 2026 498 Views

CBDT has introduced mandatory investment disclosure in ITR-4 for AY 2026-27. Learn how small businesses, freelancers, and professionals can file ITR-4 online, report investments, avoid penalties and comply with the latest presumptive taxation rules.

194J TDS with New Updates in FY 2026-27: Know The Changes Before Depositing April 26 Amount

Posted by Mitali 06 May 2026 16341 Views

Know section 194J TDS rules with latest updates - rates, new section, codes, thresholds and applicability on professional and technical fees explained simply. ...

E-Pay Tax: How to Deposit TDS under the Income Tax Act 2025?

Posted by Chaitra Seetharam 06 May 2026 3695 Views

E-Pay Tax under Income Tax Act 2025 explained - Before you deposit April 2026 TDS, every taxpayer should check what the new e-pay tax rules mean for you.

Income Tax For Senior Citizens For FY 2026-27: Updated as per New Rules 2026

Posted by Mitali 05 May 2026 253924 Views

Income Tax for senior citizens FY 2026-27 with latest sections, tax slabs, 87A rebate, 80TTB deduction, new TDS rules and filing exemptions.

Form 39 Explained: How to Claim Salary Arrears Relief Under Section 157(1) for FY 2026-27

Posted by Pranab Banerjee

05 May 2026 1270 Views

Claim tax relief on salary arrears for FY 2026-27 using new Form 39 under Section 157(1) of the Income Tax Act, 2025. Learn calculation steps, filing process and avoid notices.

Old Fights, New Rules: How the 2025 Act Protects Pending Litigations

Posted by CA Umesh Sharma 05 May 2026 708 Views

Understand how pending tax appeals, searches, and revision proceedings are handled under the new Income Tax Act, 2025. Learn why taxpayers don't need to restart litigation and how continuity under the 1961 Act is preserved for past assessment years.