Direct Tax

Tax Dept intensified scrutiny on Section 80G donations & HRA

Tax Dept intensified scrutiny on Section 80G donations & HRA exemptions The Income Tax Department's intensified scrutiny on Section 80G… Read More

7 months ago

Capital Gain Exemption- Investment in NHAI/REC/PFC/IRFC Bond

Investment in NHAI, REC, PFC, & IRFC Bonds For Capital Gain Exemption U/s 54EC Section 54EC of the Income Tax… Read More

7 months ago

Tax Dept allows to access digital platforms in investigation

Tax Dept allows to access various digital platforms during investigations The proposed Income Tax Bill, 2025, introduces significant changes aimed… Read More

7 months ago

Differences in surcharge rates between New & Old Tax Regime

Differences in surcharge rates between New Tax Regime & Old Tax Regime The new regime provides significant tax savings for… Read More

7 months ago

Assessees now received Intimation demand Orders on Feb 2025

Assessees have now received Intimation Orders on Feb 2025 for demands- Due to Post-Filing Disallowance Section 87A rebate  Taxpayers who… Read More

8 months ago

Gift from a blood relative is exempt under Section 56(2)

A gift from a blood relative is exempt u/s 56(2) of the Income Tax Act, 1961 What is a ‘Gift’… Read More

8 months ago

Comparison of the new bill vs. Existing Income Tax Act

Comparison of the new bill 2025 vs. Existing Income Tax Act The Indian government has introduced the Income Tax Bill,… Read More

8 months ago

Unveiling Secrets Behind Ten Characters of PAN Card

  Decode Your Permanent Account Number (PAN) Card This is a great breakdown of the PAN structure! You’ve explained it… Read More

8 months ago

Cabinet approved New Income Tax Bill to replace Old tax Law

Cabinet approved New Income Tax Bill to replace Old tax Law The Union Cabinet has approved a new Income Tax… Read More

8 months ago

CBDT: Guidance Note on application of Principal Purpose Test

CBDT on application of Principal Purpose Test under amended tax Treaties This clarification from the CBDT on the application of… Read More

9 months ago
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