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: Legal Heir Registration, Documents & Refund Process
Complete guide to legal-heir registration, filing the ITR of a deceased person, reporting pre- and post-death income, and claiming an eligible tax…
Read the guide →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…
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