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Examines whether Tax Deducted at Source, while legally valid, creates working capital strain by forcing early tax payment before profits are determined....

A detailed look at how the Finance Act, 2021 reshaped Sections 147–151, introduced Section 148A, and reduced limitation periods while strengthening natural justice safeguards....

Budget 2026 restricts capital gains exemption on SGB redemption to original subscribers only. Secondary market investors redeeming after 1 April 2026 will now face capital gains tax....

Understand how agricultural income is exempt under the Income Tax Act, 1961, why only genuine cultivation qualifies, and where courts draw the line between farming and business....

Explains how the new Act replaces the 1961 law, simplifies drafting, introduces the “Tax Year” concept, and aims to reduce litigation and compliance burdens....

A clear analysis of India’s 6% and 2% digital tax framework, its legal basis under the Finance Acts of 2016 and 2020, and its global implications....

Clause 247 allows tax officers to access emails and cloud data without a warrant. The article argues this violates privacy and proportionality principles under constitutional law....

Explains how Section 3 defines the earning year and the taxation year under the Income-tax Act. Clarifies why income earned in one year is taxed in the next....

Explains how the distinction between revenue and capital receipts affects taxability under the Income-tax Act. Highlights judicial tests used to determine the true nature of receipts....

Explains how India introduced the Equalisation Levy to tax foreign digital companies without physical presence. Highlights its impact, scope expansion, and associated legal challenges....