Advance Tax Under Income Tax Act 2025: Due Dates, Calculation & How to Pay
Advance tax provisions under Sections 396-401 of ITA 2025. Due dates (15 June, 15 Sep, 15 Dec, 15 March), calculation me...
Exempt Incomes Under Income Tax Act 2025: Complete List (Schedules II–VII)
All exempt incomes under Section 11 read with Schedules II–VII of ITA 2025 — HRA, LTA, gratuity, PF, PPF, LIC maturity, ...
Business Income & PGBP Deductions Under Income Tax Act 2025: Complete Guide
PGBP income under Sections 26-66 of ITA 2025 — what is taxable, deductions allowed, depreciation under Schedule XIII, pr...
Clubbing of Income Under Income Tax Act 2025: Spouse & Minor Child Rules Explained
Clubbing provisions under Sections 96-100 of ITA 2025 — when spouse's income is clubbed, minor child's income rules, ₹1,...
Set-Off & Carry Forward of Losses Under Income Tax Act 2025: Complete Rules
Loss set-off rules under Chapter VII (Sections 108-120) of ITA 2025 — intra-head, inter-head, house property ₹2L cap, bu...
Minimum Alternate Tax (MAT) Under Income Tax Act 2025: Section 206 Complete Guide
MAT under Section 206 of ITA 2025 — 15% of book profit, who pays, book profit calculation, MAT Credit 15-year carry-forw...
Home Loan Tax Benefits Under Income Tax Act 2025: Principal, Interest & Deductions
Home loan tax benefits under ITA 2025 — principal deduction (Section 123), interest on self-occupied property ₹2L (Old R...
Income Tax Slabs 2025-26: New Regime vs Old Regime Tax Rates & Calculation
Complete guide to income tax slabs for Tax Year 2026-27. New regime zero tax up to ₹12 lakh, full slab chart, surcharge,...
Section 157 Rebate Under Income Tax Act 2025: Zero Tax Up to ₹12 Lakh Explained
Section 157 of the Income Tax Act, 2025 (equivalent to Section 87A of old Act) provides a rebate up to ₹60,000, making i...
New Tax Regime vs Old Tax Regime 2025: Complete Comparison with Calculations
New Tax Regime (Section 202, ITA 2025) is now the default. Which regime saves you more tax? Complete comparison of slabs...
Standard Deduction ₹75,000 for Salaried & Pensioners: Income Tax Act 2025 Guide
Section 16 of the Income Tax Act, 2025 provides a ₹75,000 standard deduction for salaried employees and pensioners under...
5 Heads of Income Under Income Tax Act 2025: Complete Guide with Examples
All 5 heads of income under Sections 13-96 of the Income Tax Act, 2025 — Salary, House Property, Business/Profession, Ca...