Tax Audit Due Date Extended: CBDT Grants Massive Relief For AY 2025-26
Tax Audit Due Date Extended: CBDT Grants Massive Relief For AY 2025-26 Read More »
Income Tax
Is Extension of Tax Audit Due Date for AY 2025-26 – A Timely relief to Taxpayers & Professionals?
Spread the love As September draws to a close, there is growing debate among taxpayers and professionals about the urgent need to extend the tax audit due date for Assessment
TCS/TDS Correction Statements to Be Accepted Only Till 31st March 2026
Changes in the way in which TDS correction statements w.e.f Apr 1, 2026 are discussed in this blog post.
TCS/TDS Correction Statements to Be Accepted Only Till 31st March 2026 Read More »
How to Calculate Partners Remuneration in a Partnership Firm? (Updated 2025)
This post deals with the manner to calculate partners remuneration in a partnership firm in line with Partnership Act, Income Tax Act and Judicial Precedents
How to Calculate Partners Remuneration in a Partnership Firm? (Updated 2025) Read More »
President’s Assent to Income Tax Bill (No.2) 2025: A Game-Changer for the Nation?
In a Major development, the President has assented to the revised income tax bill, bringing into effect the Income Tax Act (2025) to be effective Apr 1,2026!
President’s Assent to Income Tax Bill (No.2) 2025: A Game-Changer for the Nation? Read More »
Finance Act 2025 – Drafting Error on Standard Deduction: What Went Wrong and How It Affects Your Tax
The drafting error in the Finance Act, 2025, that restricted the standard deduction in the new regime to Rs. 50k instead of Rs. 75k was rectified through a new bill.
India’s Income Tax Bill 2025 Withdrawn: What’s the way ahead?
Spread the love On August 8, 2025, the headlines “Income Tax Bill 2025 withdrawn” took the taxation community by storm as the government’s decision of withdrawing the Income Tax Bill,
India’s Income Tax Bill 2025 Withdrawn: What’s the way ahead? Read More »
Double Taxation Avoidance Agreement
Spread the love Introduction As the tax filing season is emerging. We Individuals may have incomes from country outside India also. It is important to know about Double Taxation Avoidance
Double Taxation Avoidance Agreement Read More »
CBDT Circular 9/2025: Relief for TDS/TCS Defaults Due to Inoperative PAN – A Comprehensive Analysis
CBDT Circular 9/2025 provides significant relief to TDS/TCS defaults caused due to Inoperative PANs