TDS on Property Purchase in 2026: How to File Form 141 and Pay 1% TDS Online
A buyer purchasing an immovable property for ₹50 lakh or more must deduct and deposit TDS at the prescribed rate. From 1…
Read the guide →New Rules and Compliance Changes From 1 August 2026: ITR, GST, LPG, Railway and EPFO Updates
Several important tax, compliance and consumer-related deadlines ended on 31 July 2026. As a result, taxpayers, businesses and individuals must understand what…
Read the guide →Belated ITR Filing After 31 July 2026: Salary ITR Late Fee Guide for AY 2026-27
The due date of 31 July 2026 has passed for salary-class individuals filing ITR-1 or ITR-2 for Assessment Year 2026-27. Such taxpayers…
Read the guide →How to Download an ITR and Prepare a Professional Income Tax Computation
Income Tax Return documents are commonly required for home loans, visa processing, personal loans, credit card applications and other financial purposes. However,…
Read the guide →How to Save Capital Gains Tax on Sale of Property: Section 54, 54EC, 54F and Capital Gains Account Scheme Explained
Selling a property can create a major tax liability. Many taxpayers sell: If the sale price is higher than the cost, the…
Read the guide →PPF Mistakes to Avoid in 2026: 5 Errors That Can Reduce Your 15-Year Public Provident Fund Returns
Public Provident Fund, or PPF, is one of India’s most trusted long-term saving schemes. It gives: But many investors make small mistakes…
Read the guide →High-Value Transactions Under Income-tax Act, 2025: Cash Deposit, Property, Credit Card, FD, Insurance, Shares and SFT Limits
From 1 April 2026, the Income-tax Act, 2025 applies for Tax Year 2026-27 onwards. The new Act uses the term Tax Year…
Read the guide →ITR Filing for Salaried Employees AY 2026-27: ITR-1 vs ITR-2, Form 16, AIS, New Regime and Old Regime
For salaried employees, ITR filing may look simple because Form 16 is available. But many mistakes still happen. Common questions include: This…
Read the guide →Income Tax Refund AY 2026-27: When Will Your Refund Come and How to Check ITR Processing Status?
Many taxpayers file their Income Tax Return and then keep checking one question: “When will my income tax refund come?” The answer…
Read the guide →Income Tax Intimation Under Section 143(1): Refund, Demand or No Demand — How to Read and Respond
After filing your Income Tax Return, the work is not fully over. The Income Tax Department processes your return through CPC Bengaluru…
Read the guide →ITR Filing AY 2026-27: Deadlines, Common Mistakes, Wrong ITR Forms, AIS Mismatch and Verification
Many taxpayers wait until the last few days to file their Income Tax Return. This increases the risk of wrong form selection,…
Read the guide →CASS Income Tax Scrutiny: Why Reduced Income, High Bank Deposits, Revised ITR and Big Losses Can Trigger Notices
During ITR filing season, many taxpayers focus only on one question: How much tax do I have to pay? But the Income…
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