Income-Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26)
Income-Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26) When youβre planning your taxes for the year, knowing…
Income Tax
Income Tax
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Tax implications on Diwali Gifts, Perquisites & any kind of Gifts in India
Tax implications on Diwali Gifts, Perquisites & any kind of Gifts in India In India, the tax implications on gifts…
Think Your Bank Transactions Go Unnoticed? Think Again.
Think Your Bank Transactions Go Unnoticed? Think Again. Your friendly savings account might seem private, but the Income Tax Department…
Simplified Guidelines for Compounding of Offences under the Income-tax effective 17/10/24:
Simplified Guidelines for Compounding of Offences under the Income-tax effective 17/10/24: The Central Board of Direct Taxes (CBDT) issued revised…
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025:
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025: As per the Finance Bill 2025, which amended…
Can F&O loss be set off against capital gains
Can F&O loss be set off against capital gains? Question: Whether loss incurred from trading in futures and options (F&O)…
Non-deposit in Capital Gains Account Scheme Not Fatal to Section 54 Exemption: ITAT Chennai
Non-deposit in Capital Gains Account Scheme Not Fatal to Section 54 Exemption: ITAT Chennai Krishnamoorthy Vijayaraghavan v. Income Tax Officer…
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025:
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025: 1. Introduction: The Income Tax Act, 2025 has…
ITR Portal Update: Track When I-T Officials Review Your Tax Notice Submissions!
ITR Portal Update: Track When I-T Officials Review Your Tax Notice Submissions! The Income Tax Department now shows when officials…
NITI Aayog has proposed major reforms in the Income Tax Act, 2025 to make tax administration fairer and less coercive.
NITI Aayog has proposed major reforms in the Income Tax Act, 2025 to make tax administration fairer and less coercive….