Articles by Marimganti Tarun B.com,FCMA

Section 87A Rebate and Agricultural Income: Resolving the Statutory Conflict Before the Utilities Do It for Us

Posted by Marimganti Tarun B.com,FCMA 03 April 2026 1127 Views

Does Section 87A rebate apply when agricultural income is involved? Explore the AY 2026-27 ambiguity on rebate eligibility under the new tax regime, partial integration rules and what taxpayers and professionals should do before ITR utilities are released.

The Vanishing Shield: Is your Home Loan Interest losing its Tax Power?

Posted by Marimganti Tarun B.com,FCMA 17 February 2026 382 Views

Home loan tax benefits under Section 24(b) are fading under the New Tax Regime (Section 115BAC). Understand how the loss of interest deduction impacts salaried taxpayers, the break-even point between old vs new regime and who stands to lose the most before filing your return.

Director Loans Explained: Companies Act 2013 vs Income Tax Act 1961

Posted by Marimganti Tarun B.com,FCMA 31 January 2026 1194 Views

Explore the Unified Compliance Theory for director funding in private companies. Understand how harmonized documentation, banking discipline, and source verification align Companies Act and Income Tax Act obligations while minimizing regulatory risk.

Applicability of Section 269SS of the Income Tax Act, 1961 to Director's Current Account Transactions

Posted by Marimganti Tarun B.com,FCMA 17 December 2025 687 Views

An expert analysis of Section 269SS explaining why cash infusions by directors into closely held companies, driven by business exigency or survival needs, are not “loans or deposits” and do not attract penalty under Section 271D, supported by key judicial precedents.