Income Tax Articles

Filed Under 44AD Instead of 44ADA and Claimed Full Refund: Now Facing Audit and Penalties

Posted by Mitali 18 August 2025 24037 Views

ITR filing under Section 44AD for professional income deducted under Section 194J may lead to audits, heavy penalties, and refund reversal.

ITR Filing Error: Small Loss, Big Tax Penalty!

Posted by Shivani 18 August 2025 618 Views

Avoid a 60% tax nightmare! Learn how filing the wrong ITR form for small stock market losses led to a huge penalty. Read our case study now.

No Income Tax Up to Rs 12.75 Lakh for Salaried

Posted by Pranab Banerjee

18 August 2025 18162 Views

Salaried individuals can now pay zero income tax up to Rs 12.75 lakh under the new tax regime thanks to the Section 87A rebate correction. Learn how it impacts you.

LTCG Tax on Shares AY 2025-26: Rates & Exemptions

Posted by Poojitha Raam Vinay 17 August 2025 73 Views

Understand Long Term Capital Gain (LTCG) tax on shares for AY 2025-26. Learn about the 12.5% tax rate, ₹1.25 lakh exemption, and grandfathering rules.

TDS on Dividends: Section 194 Rules & Rates Updated

Posted by Chaitra Seetharam 17 August 2025 28 Views

Understand the latest TDS on dividends rules under Section 194. Discover updated rates, thresholds, and exemptions for Indian resident shareholders.

HUF Beneficial Owner of Shares? Supreme Court Ruling

Posted by FCS Deepak Pratap Singh 16 August 2025 461 Views

Discover if a HUF is a beneficial owner of shares held by its Karta. Supreme Court clarifies Section 2(22)(e) of the Income Tax Act.

Deductions Under New Tax Regime 2025 Explained: All-in-One Excel Income Tax Preparation Tool for FY 2025-26

Posted by Pranab Banerjee

15 August 2025 4373 Views

Discover the deductions available in the New Tax Regime as per Budget 2025 and simplify your tax filing with our Automatic Income Tax Preparation Software in Excel. Designed for salaried persons for FY 2025-26, this tool helps you calculate taxes accurately and effortlessly.