Mutual Fund Capital Gains Tax for AY 2026-27: Equity, Debt and Hybrid Fund ITR Reporting
AY 2026-27 covers income earned from 1 April 2025 to 31 March 2026. Mutual fund units redeemed, switched or otherwise transferred during…
Read the guide →Start Here
What are you figuring out?
From The TaxClear Desk
Latest guidance, without the jargon.
Practical guidance from the TaxClear CA Consultation Team.
NPS Withdrawal Tax in India: Tax-Free Lump Sum, Annuity and ITR Reporting
The National Pension System (NPS) has separate rules for when you may withdraw your pension corpus and how much of a withdrawal…
Read the guide →Tax on Gifts in India: ₹50,000 Rule, Relative Exemptions and Property Gifts
India does not have a separate gift tax on every gift. Instead, the recipient may have to include certain gifts in taxable…
Read the guide →Gratuity Tax Exemption in India: ₹20 Lakh Limit, Calculation and ITR Reporting
Gratuity is a lump-sum benefit an employer may pay when employment ends because of retirement, resignation, superannuation, death or another qualifying event.…
Read the guide →EPF Withdrawal Tax in India: The 5-Year Rule, TDS and ITR Reporting
EPF withdrawals are not automatically tax-free or taxable. The result depends mainly on whether the withdrawal is from a recognised provident fund,…
Read the guide →Share Buyback Tax for AY 2026-27: Dividend Income, Capital Loss and ITR Reporting
Which tax year does this cover? AY 2026-27 covers income earned from 1 April 2025 to 31 March 2026. The rules below…
Read the guide →Section 194-O TDS on Online Marketplace Sales: 0.1% Rate, ₹5 Lakh Exemption and ITR Credit
How marketplace TDS works Section 194-O requires an e-commerce operator to deduct tax when it facilitates a resident seller’s sale of goods…
Read the guide →Section 194Q TDS on Purchase of Goods for FY 2025-26: ₹50 Lakh Threshold, 0.1% Rate and Buyer Turnover Test
When does Section 194Q apply? Section 194Q of the Income-tax Act, 1961 applies when a buyer purchases goods from a resident seller.…
Read the guide →Form 67 for AY 2026-27: How Indian Residents Claim Foreign Tax Credit in Their ITR
What is Form 67? Form 67 is an online statement used by eligible Indian residents to claim credit for qualifying tax paid…
Read the guide →GST LUT for FY 2026-27: How to File Form RFD-11 for Exports Without IGST
What is a GST LUT? A Letter of Undertaking (LUT) lets an eligible GST-registered person make zero-rated supplies without paying Integrated GST…
Read the guide →Section 80E Education Loan Interest Deduction for AY 2026-27: Eligibility and ITR Claim
What is the Section 80E deduction? Section 80E of the Income-tax Act, 1961 allows an individual to deduct eligible interest paid on…
Read the guide →Crypto Tax in India for AY 2026-27: How to Report VDA Income, Losses and TDS in ITR
Which tax year does this cover? AY 2026-27 covers income earned from 1 April 2025 to 31 March 2026 under the Income-tax…
Read the guide →