"I am Bijoy Das, a commerce postgraduate from Kolkata with a strong academic foundation in finance and accounting. I hold a B.Com (Honours) from Heramba Chandra College and an M.Com (Finance) from Calcutta University (Main Campus). Currently, I am pursuing the CA Intermediate level under the ICAI, deepening my understanding of taxation, auditing, and financial management. I am passionate about the ever-evolving world of taxation and finance, and I believe that platforms like TaxGuru play a vital role in keeping professionals and students updated with practical, real-world knowledge. I joined TaxGuru to both upgrade my own knowledge and contribute meaningfully to a community of learners and practitioners."
This highlights the ambiguity in classifying AI-generated income under existing tax provisions. It explains how classification impacts deductions, tax rates, and compliance risks.
The 30% Disallowance Trap in Section 35(b) of the Income Tax Act, 2025: When a Wrong TDS Payment Code Under Section 393 Triggers Full Business Expenditure Disallowance — The Code 1026 vs. Code 1027 Paradox The Income Tax Act, 2025, effective from 1st April 2026, consolidates all non-salary TDS obligations into a single Section 393, […]
