Salary and Pension Income Tax: Why Combined Income Can Create Tax Liability
Many taxpayers receive pension income after retirement and also continue working in a job. In such cases, both pension and salary income…
Read more →Cash Routed Through Bank Account Can Be Treated as Benami Property: Key Tax Compliance Lesson
Cash transactions continue to be closely examined under income tax and benami law. One important point discussed by the expert is that…
Read more →ITR Filing Changes: 4 Important Updates Taxpayers Should Know
ITR filing season has started, and this time taxpayers need to be more careful while preparing their return. Some changes make filing…
Read more →New Income Tax Rules for Cash Transactions in 2026: Savings Account, Current Account, UPI, FD and Credit Card Limits Explained
Although cash usage has reduced significantly over the last few years, there are still many pockets of the economy where cash transactions…
Read more →Form 10-IEA Filing for ITR-3 and ITR-4: How to Shift from New Tax Regime to Old Tax Regime
If you want to shift from the New Tax Regime to the Old Tax Regime and you are filing ITR-3 or ITR-4,…
Read more →Income Tax Rectification Under Section 154: Complete Guide to Correcting Mistakes in Intimation Orders and Tax Demands
Many taxpayers receive an income tax demand after their return is processed and immediately assume that the Income Tax Department has made…
Read more →Section 87A Rebate AY 2026-27: Who Will NOT Get the ₹12 Lakh Tax-Free Benefit Under the New Tax Regime?
One of the biggest discussions among taxpayers this year is the ₹12 lakh tax-free income benefit announced under the New Tax Regime.…
Read more →How Much Gold Can You Legally Keep at Home Under Income Tax Law – Limits, Proof & Tax Consequences Explained (As Applicable up to 2025)
Main Discussion Gold holds a special place in Indian households, whether in the form of jewellery, bars, coins, or even modern alternatives…
Read more →TDS and TCS Rate Changes Under New Income Tax Act 2025 Effective from 1 April 2026 – Complete Rate Impact Explained
Main Discussion With the implementation of the New Income Tax Act, 2025 from 1 April 2026, several structural and procedural changes have…
Read more →Income Tax Return Due Date Changes After Budget 2026 – New ITR Filing Dates and Revised Return Timeline Explained
Main Discussion For every income-earning person, filing the Income Tax Return (ITR) within the prescribed due date is a critical compliance requirement.…
Read more →Income Tax Benefits for Indian Professionals Earning in Dollars: Residential Status, DTAA Relief, and Correct Reporting
Many Indian professionals today earn in USD through foreign clients, overseas employment, or international consulting projects. A common question is:“What is the…
Read more →Is the Income Tax Department Known for Unnecessary Harassment?
Many people in India feel worried when they hear news about an income tax raid where a trader or business person is…
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