Articles by CA.Sangam Aggarwal

Maximize Your Property Profits: A Guide to Section 54EC Bonds

CA.Sangam Aggarwal 12 December 2025 at 06:48

Learn how Section 54EC Bonds (now Section 85 under the Income Tax Act, 2025) help you legally save tax on long-term capital gains from land or buildings.

The Income Tax Act, 2025: A Modern Framework for a New Era

CA.Sangam Aggarwal 25 November 2025 at 06:17

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.

SC Ruling: ITC Cannot Be Denied When Seller's Registration Is Cancelled After Sale

CA.Sangam Aggarwal 07 November 2025 at 06:33

The Supreme Court in Commissioner of Trade and Tax, Delhi v. M/s Shanti Kiran India (P) Ltd. (2025) upheld that bona fide purchasers cannot be denied Input Tax Credit (ITC) under the DVAT Act merely because the selling dealer failed to deposit tax.

56th GST Council Meeting: Key Recommendations and Implications

CA.Sangam Aggarwal 15 September 2025 at 08:23

The 56th GST Council meeting on 3rd Sept 2025 introduced major GST rate cuts, exemptions, ITC changes, GSTAT roll-out, and compliance reforms. Learn key timelines, sectoral impacts, and business implications.

All About the Taxation of a Partnership Firm

CA.Sangam Aggarwal 04 July 2025 at 08:31

This article provides a comprehensive guide to the taxation of partnership firms, covering everything from the basics of firm-level taxation to the treatment of partner remuneration, capital contributions, and taxability upon retirement or reconstitution.

Latest Changes in ITR Forms for AY 2025-26

CA.Sangam Aggarwal 25 June 2025 at 08:42

In this article, we present a detailed overview of the newly notified ITR forms for AY 2025–26, outlining the key changes introduced and their practical implications for different categories of assessees.

Is Selling Old Gold Taxable?

CA.Sangam Aggarwal 05 June 2025 at 08:54

In this article, we’ll quickly unpack what counts as taxable gold, show real-life examples of items that qualify (and those that don’t), and explain how your holding period determines whether you owe tax at a higher slab rate or a concessional rate for long-term gains.