Income Tax Articles

Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals

CA Varun Gupta 02 February 2026 at 09:06

Topic-wise summary of key Direct Tax proposals in Union Budget 2026, covering Income-tax Act 2025, compliance simplification, TDS/TCS changes, penalties, capital markets, and global tax reforms.

Memorandum Explaining the Provisions in the Financial Bill, 2026

Mitali 01 February 2026 at 13:24

Memorandum explaining the provisions of the Finance Bill, 2026, detailing key amendments, legislative intent, and impact on taxpayers and businesses.

Income Tax Rebate Rules For FY 2025-26 (AY 2026-27)

CS Lalit Rajput 01 February 2026 at 09:36

Section 87A rebate explained for FY 2025-26: zero tax up to Rs 12 lakh under the new regime, old vs new comparison, eligibility & Budget 2026 expectations.

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

Marimganti Tarun B.com,FCMA 31 January 2026 at 11:00

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.

How to Unfreeze a Bank Account Frozen/Attached Due to Income Tax Proceedings

CA Varun Gupta 31 January 2026 at 09:29

Bank account frozen by Income-tax Department? Learn legal grounds, Sections 226(3), 281B, 132(3), remedies, and step-by-step process to get accounts unfrozen.

From Motor Vehicles to Luxury Goods: Expansion of TCS u/s 206C(1F)

CA KAJAL AGRAWAL 31 January 2026 at 09:21

CBDT expands Section 206C(1F) to levy TCS on sale of notified luxury goods above Rs 10 lakh from 22 April 2025. Know the scope, buyers and compliance.

Taxpayer's Parade: The Weapons of the Tax Authorities

CA Umesh Sharma 29 January 2026 at 09:03

A Republic Day-themed Arjuna-Krishna dialogue explaining the powerful "weapons" of Income Tax and GST departments under the New Income Tax Act 2025 and evolving GST compliance framework.

Income Tax for Salaried Individuals Earning Income from Stock Market

CA. Urmila Mahalwal 29 January 2026 at 07:19

Understand income tax on salary, capital gains, dividends, and stock trading. Learn STCG, LTCG, ITR forms and tax rules with examples.

From 'Separate Returns' to 'Joint Savings': Union Budget 2026 Proposal

Chaitra Seetharam 28 January 2026 at 16:35

ICAI proposes an optional joint taxation regime for married couples in Budget 2026, offering higher exemptions, wider slabs, joint savings incentives, and simplified family taxation.

Cash Deposit Limit In Current Account in 2026

Mitali 27 January 2026 at 16:03

This article is about the key limits and compliance rules for current account transactions and states why business must use this account to avoid notice.Why Cur..