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Compare India's old and new tax regimes for FY 2025-26. Find the break-even point based on deductions to choose the best option....

Mumbai ITAT rules on quality of tax approvals after search, interpreting undefined terms by analogy, and the principle of subordinate authorities following precedent....

To facilitate ease of fundraising and to promote entrepreneurship, the Government has introduced specific exemptions for DPIIT-recognised startups from the rigors of Section 56(2) (viib). This article explains the significance of this exemption and why it is crucial for startups in India....

Understand the changes in ITR forms (1-7) for AY 2025-2026, including updates to capital gains reporting, tax regimes, deductions, and disclosure requirements....

Section 194J of the Income Tax Act mandates Tax Deducted at Source (TDS) by certain payers on payments made to residents for professional services, technical services, royalty, director's remuneration, and non-compete fees....

Debunking the NRI tax myth from April 2025. Learn the real India filing requirements for NRIs & the key benefits: refund claims, avoiding notices, helping with tax filing overseas....

Learn about TDS/TCS concepts, invoicing rules, due dates, interest, and late fees. Includes examples and simplified guidance for compliance under Indian tax laws....

Analyze the tax implications of the HUF structure in India, covering its formation, membership, rights, and financial management aspects....

This article discusses whether TDS applies to CSR Expenses, under which sections and how Companies can stay compliant....

Indian residents can claim credit for taxes paid on overseas income to avoid double taxation under Income Tax Act sections 90, 90A, or 91....