The Budget 2026 proposes shifting buyback taxation from dividend to capital gains. Promoters will face an additional...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
The updated TDS provisions reorganize multiple earlier sections into a simplified framework covering salary, resident payments, non-resident...
The new tax law formally embeds faceless assessments into the statute, replacing the earlier scheme-based system and...
The Tribunal held that capital gains arising from property transferred to a spouse without consideration must be...
ITAT held that addition under Section 69B based only on a loose sheet seized from a third...
The Income Tax Department acknowledged incorrect ‘significant transaction’ details in some advance tax reminder emails. Taxpayers are...
Budget 2026 proposes a new penalty framework for failure to report crypto-asset transactions under section 509. Reporting...
A free live workshop will discuss the structure and practical implications of the proposed Income-tax Act, 2025...
The Calcutta High Court declined to interfere with an income tax assessment order, holding that writ jurisdiction...
The Madras High Court examined repeated provisional attachment orders issued under Section 281B without detailed reasoning. The...