Direct Tax

FAQs on New Tax vs Old Tax Regime

FAQs on New Tax vs Old Tax Regime  From AY 2024-25, the new tax regime under Section 115BAC is the… Read More

4 months ago

Default Regime is New Regime for ITR Filing

The default regime is the new regime for ITR filing. Default Regime for ITR Filing: The new tax regime is… Read More

4 months ago

Important tax rules for Futures & Options & Intraday Trading

Important tax rules for F&O (Futures & Options) and Intraday Trading Why Must Gains or Losses from F&O Be Reported… Read More

4 months ago

Eligible/ Ineligible expenses while calculating Capital Gain

Eligible & Ineligible expenses while calculating Capital Gain Overview of eligible and ineligible expenses while calculating Capital Gains on property… Read More

4 months ago

How income from house property is taxed in India

How income from house property is taxed in India under the Income Tax Act. Income from House Property – Section… Read More

4 months ago

ITR 3: New Code Introduced for Nature of Business/Profession

Update in ITR Utility—New Codes Introduced for "Nature of Business/Profession" The Income Tax Department has updated the Income Tax Return… Read More

4 months ago

Tax Exemption & Deduction for Army Personnel AY 2025–26.

Income Tax Exemptions and Deductions for Army Personnel (AY 2025–26) Army personnel, like all salaried taxpayers, are liable to pay… Read More

5 months ago

Additional Detail required in ITR-1 & ITR-4 for A.Y. 2025–26

7. Additional Information and Details required in ITR-1 and ITR-4 for A.Y. 2025–26 especially for Taxpayers in Old Regime 1.… Read More

6 months ago

Financial Products Taxation Overview (India – FY 2024–25)

Financial Products Taxation Overview (India – FY 2024–25) Financial Product Type of Income Tax Treatment Holding Period TDS Applicable Section… Read More

6 months ago

Top 5 Changes in Income Tax Return Filing for AY 2025–26

5 key changes in income tax return forms for FY 2024–25 (AY 2025–26): Wider Eligibility for ITR-1 and ITR-4 What's… Read More

6 months ago
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