Corporate Tax Rate in India AY 2025-26 and Effective Surcharge
The due date for filing income-tax return of a Company (Form ITR-6)is October 31, 2025 (in general) and November 30, […]
TDS on Transport Charges: Rates, Limits, Relaxations and Penalties
Tax Deducted at Source (TDS) is a mechanism under the Income Tax Act, 1961, where the payer deducts tax at
CMA vs CA Audit Mandate Dispute: The Struggle for Audit Jurisdiction
The dispute between CA and CMA audit mandates is a high-stakes legal and professional fight within India’s financial sector. It
ITR Validation Error Solved by Fixing ‘Type of Account’
Many taxpayers during ITR 1, 2, 3 or 4 filing encounters an “Internal Validation Error” which is related to selecting
How to Pay TDS Online Without Any Consultant?
Paying TDS (Tax Deducted at Source) in India can be done easily through the official Income Tax e‑Filing portal (formerly
ITR Validation Errors: Common Causes and How to Fix Them?
While filing ITR, many taxpayers often face validation errors which can be frustrating. To effectively solve these issues, there are
Home Loan Interest Tax Deduction Under Old or New Tax Regime
For homeowners in India, the Equated Monthly Installment (EMI) is a major financial commitment. However, the tax benefits on a
Form 10-IEA For AY 2025-26: Making the Right Choice
Form 10IEA allows taxpayers to choose between the old and new tax regimes. With effect from AY 2024-25, the new
GST Full Form: Meaning and Bifurcation of GST Rates in India
GST stands for Goods and Services Tax which is a comprehensive indirect tax system levied on the supply of goods
New Tax Regime Slabs For FY 2024-25 (AY 2025-26)
New tax regime under section 115BAC of the Income Tax Act was introduced in the 2020 budget by Finance Minister
GoM Proposes to Lower GST Rates: Know What are Those?
Bihar Deputy Chief Minister Samrat Choudhary, who heads the six-member Group of Ministers (GoM) on GST rate rationalisation, mentioned that
Section 133(6) of Income Tax Act: How to Reply Online via IT Portal?
Under Section 133(6), the Income Tax Department has the legal authority to summon any person or entity—not just taxpayers—to furnish