Revision & Rectification Provisions under the Income-tax Act, 2025 vs the Income-tax Act, 1961 Understanding the Key Changes in Revision and Rectification Framework The Income-tax Act, 2025 aims to simplify,… Read More
DPDP Act, 2023: 7 Major Penalty Areas Every Business Should Know The Digital Personal Data Protection Act, 2023, marks a significant step in India's data privacy framework. The law governs… Read More
Tax Audit Reporting Changes in Form 3CD for FY 2025-26 (AY 2026-27): What Auditors Need to Know The Income Tax Department has introduced significant amendments to Form 3CD applicable for… Read More
How to Bring Fantasy Worlds to Life Through Video What separates a fantasy world that feels authentic from one that feels like random spectacle? Consistency. A world where magic follows… Read More
Documents Required for Filing ITR for AY 2026-27 While most supporting documents are not required to be uploaded with the Income Tax Return (ITR), taxpayers should keep all relevant records… Read More
Quick Comparison: ITR-3 vs ITR-4 (AY 2026-27) Basis ITR-3 ITR-4 (Sugam) Who Can File? Individuals & HUFs having business or professional income Resident Individuals, Resident HUFs and Resident Firms (other… Read More
Taxation of Exchange Traded Funds (ETFs) in India Particulars Equity ETFs Gold & Silver ETFs Debt ETFs Examples Nifty 50 ETF, Sensex ETF, Bank Nifty ETF, Bharat 22 ETF Nippon… Read More
Income Tax Return (ITR) Utilities for ITR-6 and ITR-7 Return filing schemas Update Tax Dept has now made the ITR-6 and ITR-7 return filing schemas available in both online and… Read More
Can Digital Transactions Trigger an Income Tax Notice? For many years, taxpayers believed that income tax scrutiny was largely limited to large cash deposits and cash transactions. However, with the… Read More
Can Income Tax Attach a Resolution Professional's Personal Bank Account Under the IBC? Based on the facts stated by you, the attachment of the personal bank account of Mr. XXX… Read More