Income Tax Articles

Crypto Tax in India: What Businesses & Investors Miss

Posted by CA Shiwali Dagar 17 June 2025 444 Views

Discover common crypto tax mistakes in India for businesses & investors. Learn about TDS, GST, VDA classification & more. Ensure compliance now!

Sold Gold Jewellery Worth Rs.25 Lakh to Buy a House: Is Tax Applicable For FY 2025-26?

Posted by Chaitra Seetharam 16 June 2025 2947 Views

Under the Income Tax Act, 1961, gold jewellery is classified as a capital asset. This means any profit earned from its sale is taxable as capital gains, depending on how long you held it.

New vs Old Tax Regime 2025: Choose Wisely

Posted by CA Jaydeep Babubhai Vadher 11 June 2025 1920 Views

Navigate 2025 tax regime selection. Learn which tax regime suits your income & deductions for maximum savings. Make a smart decision today!

Advance Tax vs Self-Assessment Tax: Avoid ITD Notices

Posted by Mitali online

10 June 2025 321 Views

Understand why the IT department issues notices for paying Self-Assessment Tax instead of Advance Tax. Learn how to avoid interest and penalties.

IT Dept SMS: 80GGC Deductions & Political Donations

Posted by Mitali online

09 June 2025 5960 Views

Received an IT Dept SMS about 80GGC deductions? Learn about political donations, potential scams, and how to revise your ITR if you claimed incorrectly.

Advance Tax: What to Know Before You Pay

Posted by CA Umesh Sharma 10 June 2025 269 Views

Understand advance tax payments. Learn about due dates, how to estimate your liability, new TDS rules for partnerships, and who's exempt. Pay on time!

Section 271(1)(c) Penalty Disputes: Legal Analysis

Posted by CA Varun Gupta

11 June 2025 1544 Views

Understand Section 271(1)(c) penalty disputes. Learn why specifying the charge (concealment vs. inaccurate particulars) is crucial for validity.

ITR Forms AY 2025-26: New Annexures & Key Changes Guide

Posted by Chaitra Seetharam 06 June 2025 1095 Views

Understand the new annexures and key changes in ITR forms for AY 2025-26. Learn about default tax regimes, deduction reporting, and updated LTCG limits.

Penalty Proceedings Must Be Deferred During Pendency of Quantum Appeal: Legal Framework and Judicial Guidance

Posted by CA Varun Gupta

06 June 2025 1414 Views

Understand why penalty proceedings under income tax law should be kept in abeyance when the quantum addition is under appeal. Learn legal precedents, practical guidance, and taxpayer rights.