Income Tax Articles

Section 378 Income Tax Act 2025: Assessee Relief Guide

Posted by CA Varun Gupta

20 April 2026 1418 Views

Understand Section 378 of the Income Tax Act, 2025. Learn how assessees can seek revision of orders and gain relief under this beneficial provision.

Sections 263 & 377 Income Tax: Reply, Remedies & Mitigation

Posted by CA Varun Gupta

18 April 2026 1302 Views

Understand notices under Income Tax Sections 263 & 377. Learn about the revisional authority's powers, assessee remedies, and mitigation strategies.

Loan Waiver Taxability: Interest vs. Principal Explained

Posted by Vivek Jalan 18 April 2026 409 Views

Understand the taxability of loan waivers. Learn how interest and principal waivers are treated differently under income tax laws.

Slump Sale India: Section 50B, GST & Tax Guide

Posted by CA Varun Gupta

16 April 2026 1742 Views

Understand Slump Sale taxation in India under Section 50B, Rule 11UAE. Learn about net worth, capital gains, and GST implications for business transfers.

DIN Defect in Income Tax Orders after CBDT Circular No. 4/2026: Section 292BA, Retrospective Amendment and Assessee's Grounds of Appeal

Posted by CA Varun Gupta

17 April 2026 640 Views

CBDT Circular 4/2026 revises the DIN framework in income-tax communications, introducing section 292BA with retrospective effect. This article analyses key changes, limitations, and continuing litigation opportunities for taxpayers.

Important things to know about New Income Tax Act 2026 Transition

Posted by CA Umesh Sharma 15 April 2026 1049 Views

India's new Income Tax framework from April 1, 2026 simplifies laws with fewer sections, unified forms, and revised timelines. Explore key procedural changes, ITR filing rules and compliance updates taxpayers must know.

Form 10A Delay Relief: PCIT/CIT is Competent Authority

Posted by CA Varun Gupta

15 April 2026 1827 Views

CBDT clarifies PCIT/CIT as competent authority for Form 10A delay condonation. Learn about the process and its impact on charitable trusts.

TDS on Interest Paid by Co-operative Banks to Societies

Posted by K.V. Radhakrishnan 13 April 2026 441 Views

Understand TDS liability for co-operative banks paying interest to co-operative societies. Learn about exemptions, amendments, and new provisos.

Form 141 Replaces 26QB, 26QC, 26QD, 26QE: Applicability, Due Dates, Filing Process

Posted by Mitali

11 April 2026 4584 Views

Form No. 141 under Income Tax Act 2025 replaces multiple TDS forms from April 1, 2026. Check eligibility, schedules, due date, filing process and key details.

TDS on Purchase of Property: New Reporting System For Tax Year 2026-27

Posted by Poojitha Raam Vinay 11 April 2026 29649 Views

Learn how TDS on property purchase works under the Income-tax Act, 2025 effective 1 April 2026. Understand Form 141, Section 194-IA applicability, filing steps, due dates, penalties and key compliance rules for buyers.