Property Capital Gains Tax in 2026: Indexation, Improvement Cost, Inherited Property and TDS Rules
Selling land, a flat, house, office or shop can create taxable capital gains, but the tax is not calculated simply as “sale…
Read the guide →Income Tax in India 2026: A-to-Z Guide to Tax Slabs, Rebate, TDS, Capital Gains and ITR Filing
Income tax can look complicated because earning money, calculating taxable income, paying tax and filing an ITR are four different stages. The…
Read the guide →Income Tax Refund 2026: ITR Not Processed or Refund Not Received? Follow These Steps
Income tax refunds for AY 2026-27 are being processed through the Income Tax e-Filing system, but many taxpayers may still find their…
Read the guide →TDS Short Deduction Notice 2026: Paise-Level Demand, Wrong Interest and Correction Process
Many deductors filing TDS statements for Q1 of Tax Year 2026-27 are encountering an unusual problem: justification reports showing extremely small short-deduction…
Read the guide →Tax Audit Limits for AY 2026-27: Form 3CA vs 3CB, Section 44AB and Filing Process
Tax audit filing for Assessment Year 2026-27 is governed by Section 44AB of the Income-tax Act, 1961. Taxpayers carrying on business or…
Read the guide →How to Download Form 131 TDS Certificate From TRACES Portal in 2026
From 1 April 2026, the Income-tax Act, 2025 and Income-tax Rules, 2026 introduced new form numbers for several TDS compliances. One important…
Read the guide →Section 333 of Income Tax Act 2025 for NGOs: RNPO Regime Switching Explained
The Income-tax Act, 2025 introduces a reorganised taxation framework for trusts, societies, charitable institutions and other non-profit organisations. One of the most…
Read the guide →Income Tax Search and Seizure Under Section 247: Powers of Tax Authorities Explained
Section 247 of the Income-tax Act, 2025 deals with search and seizure, commonly referred to as an Income Tax raid. It is…
Read the guide →Major GST and Income Tax Relief for Taxpayers in 2026: Important Court Judgments Explained
Several important GST and income tax judgments have been delivered by the Supreme Court, High Courts and Income Tax Appellate Tribunal during…
Read the guide →ITR Filing for Insurance Agents AY 2026-27: Commission Income, TDS Refund and Correct ITR Form
Insurance agents commonly receive commission from insurance companies after deduction of TDS. To claim the correct TDS credit or refund, the agent…
Read the guide →Credit Card Spending and Income Tax Notice in 2026: Correct AIS and ITR Reporting Guide
High credit card spending can appear in the Annual Information Statement and may attract scrutiny where the payments do not match the…
Read the guide →How to File ITR of a Deceased Person for AY 2026-27: Legal Heir Registration and Refund Claim
When a taxpayer dies, the Income Tax Return filing responsibility does not automatically end. If the deceased person earned taxable income, had…
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