Income Tax Articles

Revised Return Due Date Extension

Chaitra Seetharam 07 February 2026 at 11:41

Income-tax Act proposes more time to revise returns, balancing flexibility with accountability. By extending the deadline, the law aims to improve voluntary compliance without reopening completed assessments.

Online Condonation of Delay for Form 9A, Form 10, Form 10B & Form 10BB: Portal Process, Rules and Key Pitfalls

CA Varun Gupta 06 February 2026 at 07:14

The Income-tax Department has enabled an online Condonation Request module for statutory forms like Form 9A, 10, 10B and 10BB. This guide explains the legal framework, step-by-step portal process, authority limits, documentation checklist and key reasons applications get rejected.

Are You Thinking About Auto Sweep Facility in Savings Accounts - Than You Must Read This

Mitali 05 February 2026 at 16:55

Auto Sweep in savings accounts: Earn FD rates on excess cash? Beware penalties & low returns on frequent withdrawals.

No TDS on Motor Accident Interest From April 2026

Poojitha Raam Vinay 05 February 2026 at 11:39

OverviewStarting 1st April 2026, insurance companies and tribunals will not deduct TDS on interest paid along with motor accident compensation.Earlier, many vic..

Income Tax Updates in Union Budget 2026-27: What the New Proposals Mean for Taxpayers

gstregistration.co 05 February 2026 at 07:23

Income Tax Updates in Union Budget 2026–27: What the New Proposals Mean for TaxpayersThe Union Budget 2026–27 introduces wide-ranging reforms in Ind

Corporate Tax Rate in India For Five Assessment Years (AY 22-23 to AY 26-27)

Chaitra Seetharam 04 February 2026 at 13:13

A clear overview of India' corporate tax rates from AY 2022-23 to 2026-27, comparing old and new regimes, effective rates, key conditions, and long-term policy stability.

26 Important Income Tax Proposals in Union Budget 2026

CA Umesh Sharma 03 February 2026 at 08:24

Union Budget 2026 explained through an Arjuna-Krishna dialogue. Key highlights include the new Income Tax Act, 2025, 26 major tax proposals, compliance simplification, reduced penalties, and major taxpayer-friendly reforms effective from 1st April 2026.