“Deductions” in Income Tax
Tax Comparison of All Business Structures in India — FY 2026-27
Tax Comparison of All Business Structures in India — FY 2026-27 Tax Comparison of All explained: this guide covers what…
Tax Audit Due Date FY 2025-26 -- Section 44AB
Complete guide to tax audit under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Form 10BD -- Statement of Donations by Trust
Complete guide to Form 10BD under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
New vs Old Tax Regime 2025-26: Which Is Better for You?
Budget 2025 made New Tax Regime the default. Zero tax up to ₹12.75L. But is it better than Old Regime? Income-wise comparison tables, free calculator, and expert advice.
Section 80C Tax Saving Investments — Complete Guide FY 2025-26
Section 80C allows up to ₹1.5 lakh deduction per year under Old Regime. Complete list: ELSS, PPF, NSC, EPF, LIC, home loan principal. Comparison of returns, lock-in, and tax treatment.
Form 26QC -- TDS on Rent Payment (How to File)
Complete guide to Form 26QC under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Income Tax Compliance Calendar 2026–27 — Every Due Date Under the New Act
Every income tax due date for FY 2026–27, the first year under the Income-tax Act, 2025 — advance tax instalments, return filing dates under section 263, audit reports under section 63, and the interest that applies when you miss one.
Section 40(a)(ia) IT Act 1961 — TDS Disallowance (30% of Expense)
Section 40(a)(ia) TDS disallowance under Section 40(a)(ia), Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.
Health and Education Cess -- 4% on Tax
Complete guide to health education cess under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
CBDT Notifications 2025-26 -- Threshold and Rate Changes
Complete guide to CBDT under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Section 156 of Income-tax Act 2025 — The ₹60,000 Rebate Explained
Section 156 of the Income-tax Act, 2025 gives a rebate of up to ₹12,500 where income is within ₹5,00,000, and up to ₹60,000 where income chargeable under section 202(1) is within ₹12,00,000.
New Tax Regime vs Old Regime -- AY 2026-27 Detailed Comparison
Complete guide to new vs old under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Form 10BE -- Donation Certificate for Donors
Complete guide to Form 10BE under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Section 40(b) IT Act 1961 — Partner Remuneration and Interest Deduction
Section 40(b) partner remuneration under Section 40(b), Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.
Depreciation Rates Under the Income-tax Act 2025 — Section 33 and the Rules
Depreciation under the Income-tax Act, 2025 is allowed by section 33 at rates prescribed by the Rules, with the block written down value in section 41. No Schedule carries depreciation rates.
Income Tax Act 2025 - Complete Guide: New Slabs, Key Changes and What It Means for You
The Income Tax Act 2025 (No. 30 of 2025), enacted on 21 August 2025 and effective from 1 April 2026, replaces the Income Tax Act 1961. This guide covers new tax slabs, VDA taxation at 30%, LTCG at 12.5%, corporate tax rates, and every key structural change taxpayers need to know.
Schedule FA in ITR -- Foreign Assets and Income Reporting
Complete guide to Schedule FA under Income Tax Act. Old vs new regime, computation, examples, Finance Act changes. March 2026.
Section 202 of the Income-tax Act, 2025: The New Tax Regime for Individuals, HUFs and Other Persons
Section 202(1) applies to individuals, Hindu undivided families, associations of persons (other than a co-operative society), bodies of individuals and the artificial juridical persons of section 2(77)(g). Unless the person exercises the option under sub-section (4), tax on total income is computed...
Section 197 of Income-tax Act 2025 — 12.5% Long-Term Capital Gains Tax
Section 197 of the Income-tax Act, 2025 taxes long-term capital gains at 12.5%, with grandfathering for land or building acquired before 23 July 2024 that preserves the 20%-with-indexation comparison.
Leave Travel Allowance (LTA) -- Exemption Rules and Claims
Complete guide to LTA under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Section 19 of Income-tax Act 2025 — Salary Deductions and the ₹75,000 Standard Deduction
Section 19 of the Income-tax Act, 2025 carries every deduction from salary in one table — a ₹75,000 standard deduction under the new regime, ₹50,000 otherwise, plus gratuity, commuted pension, retrenchment and voluntary retirement limits.
How to File ITR Online for FY 2025-26 (AY 2026-27) — Step-by-Step Guide
Complete step-by-step guide to file income tax return (ITR) online for FY 2025-26. Due date: July 31, 2026. Which ITR form, documents needed, e-verification, and refund tracking.
Section 80G IT Act 1961 — Donation Deduction (50%/100%, Qualifying Limit)
Section 80G donation deduction under Section 80G, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.
Capital Gains on Mutual Fund Redemption -- Tax Treatment
Complete guide to mutual fund under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.