Understand Section 44AD of the Income Tax Act: presumptive business income, eligibility, turnover limits, and tax implications for FY 2025-26.
Section 194T mandates 10% TDS on partner payments exceeding ₹20,000. Changes to Section 40(b) revise allowable remuneration from April 1, 2025.
Understand advance tax rules, due dates, and penalties for non-compliance. Learn how to avoid interest charges under sections 234B & 234C.
Income of minors is clubbed with parents’ income unless earned through personal skill or manual work. Tax planning strategies can help reduce tax liabilities.
Discover key changes in the Income Tax Bill 2025, including enhanced rebates, simplified trust provisions, and extended registration periods for small institutions.
Simplified penalty timelines under Section 275 effective April 2025, including changes in penalty powers, omissions, and clarifications on Section 271AAB.
Overview of Income Tax Sections 69A, 69B, on unexplained income, investments, and expenditures. Key cases and interpretations included.
Income Tax Bill 2025 introduces changes to TDS, TCS, and LRS provisions, raising threshold limits and reducing compliance burdens. Effective from April 1, 2025.
Union Budget 2025 introduces tax reforms, including zero tax up to ₹12 lakh income, reduced TDS/TCS compliance, and exemptions on life-saving drugs and EV components.
Understand the applicability of Section 68 (cash credit) and Section 69 (unexplained investments) under the Income Tax Act with relevant case law examples.
