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Income Tax Act 2025

Latest Articles


Safe Harbour Rules under New Income Tax Act, 2025 & Rules, 2026- Part II

Income Tax : The framework outlines mandatory disclosures and timelines for opting into safe harbour. Key takeaway: strict compliance is essent...

May 1, 2026 255 Views 0 comment Print

Form 122 : One Declaration, Complete Salary TDS Control

Income Tax : The new form consolidates multiple income disclosures into one, enabling accurate TDS deduction. Key takeaway: unified reporting r...

May 1, 2026 351 Views 0 comment Print

Complete TDS Rate Chart for FY 2026-27 with Section-Wise Breakdown

Income Tax : A detailed overview of updated TDS provisions mapping old and new sections, rates, and thresholds. Helps taxpayers understand comp...

May 1, 2026 3402 Views 0 comment Print

Philosophy of Income Tax Act 2025: Perspectives from Great Thinkers

Income Tax : The new tax law addresses long-standing concerns over complexity by reducing provisions and simplifying language. It introduces st...

April 29, 2026 1545 Views 0 comment Print

TDS Non-Deduction Rules Tightened Due to Data Analytics Monitoring

Income Tax : The case highlights how the new framework enforces stricter compliance using data analytics. It underscores that incorrect declara...

April 29, 2026 738 Views 0 comment Print


Latest News


Salient Features of Income Tax Act 2025

Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...

April 29, 2026 6048 Views 0 comment Print

Free Live Webinar: Decoding the New Income Tax Act, 2025

Income Tax : This webinar breaks down the major structural and conceptual changes introduced in the new Income Tax Act, 2025. It helps professi...

April 5, 2026 8070 Views 0 comment Print

Income-tax Act, 2025 comes into force from 1st April, 2026

Income Tax : The government replaced the six-decade-old law with the Income-tax Act, 2025. The reform aims to simplify compliance through clear...

April 4, 2026 3642 Views 1 comment Print

Free Live Workshop on Income-Tax Act, 2025 (Must Attend)

Income Tax : A free live workshop will discuss the structure and practical implications of the proposed Income-tax Act, 2025 and amendments und...

March 26, 2026 17901 Views 3 comments Print

Finance Bill 2026: Notice of Amendments as introduced in Lok Sabha

Income Tax : The amendments focus on reassessment timelines, electronic communication, and procedural clarity. The changes aim to reduce litiga...

March 26, 2026 6462 Views 1 comment Print


Latest Judiciary


Spillover Effect Dead Ends: SC’s Flipkart Verdict, Quashed AO Orders & Dawn of Income Tax Act 2025

Income Tax : The Supreme Court set aside the NCLAT order for relying on a non-existent quasi-judicial income tax order. The key takeaway is tha...

April 4, 2026 1107 Views 0 comment Print

Draft Income Tax Rule 81 – Determination of arm’s length price in certain cases

Income Tax : Rule 81 prescribes dataset construction, weighted averages, and a 35th–65th percentile arm’s length range when multiple compar...

February 28, 2026 348 Views 0 comment Print


Latest Notifications


CBDT Amends Rule 10U to Protect Pre-2017 Investments from GAAR Applicability

Income Tax : The latest amendment excludes income arising from transfer of pre-2017 investments from GAAR scrutiny. It reinforces the protectio...

April 1, 2026 960 Views 0 comment Print

Finance Act 2026

Income Tax : The Finance Act, 2026 prescribes income-tax rates, surcharge, and cess for the assessment year 2026–27. It establishes the legal...

April 1, 2026 3012 Views 0 comment Print

CBDT Notifies Sovereign Wealth Fund Tax Exemption Rules & Procedure 

Income Tax : The circular introduces mandatory Form I and Form II for SWFs to claim tax exemptions. The ruling ensures structured application a...

March 30, 2026 459 Views 0 comment Print

CBDT Introduces Mandatory UIN System to Track No-TDS Declarations Under Form 121

Income Tax : The notification requires payers to generate UINs and file quarterly details of declarations even where no tax is deducted. It enh...

March 28, 2026 29352 Views 0 comment Print

CBDT Notifies Income-tax Rules 2026 and Income Tax Forms

Income Tax : CBDT introduced Income-tax Rules, 2026 to operationalize the Income-tax Act, 2025. The rules standardize procedures on valuation, ...

March 20, 2026 17016 Views 2 comments Print


Income Tax Return and Updated Return under Income-tax Act, 1961

April 6, 2026 2946 Views 0 comment Print

The issue relates to consequences of delayed return filing. Benefits such as deductions and loss carry forward are denied if returns are not filed on time. The ruling highlights strict adherence to due dates.

Form No. 48: Transfer Pricing Certification under Income-tax Act, 2025

April 6, 2026 1395 Views 0 comment Print

The issue concerns replacement of Form 3CEB with a new reporting framework. The reform mandates structured reporting with enhanced disclosures and digital integration for transfer pricing compliance.

Form 141: TDS Framework for Contractors & Professionals from 01.04.2026

April 6, 2026 1005 Views 0 comment Print

The new law mandates TDS reporting through Form 141 Schedule C for payments to contractors and professionals. The key takeaway is structured, detailed reporting with stricter compliance timelines.

Form 141 (Schedule A): Rent TDS Changes from 01.04.2026

April 6, 2026 1194 Views 0 comment Print

Rent payments must now be reported under Schedule A of Form 141 from April 2026. The key takeaway is enhanced reporting with tenant-wise and landlord-wise allocation of TDS.

Crypto/VDA Taxation: Income-tax Act 1961 vs 2025 Framework

April 6, 2026 438 Views 0 comment Print

The new law removes the minimum threshold for TDS on crypto transactions, making even small trades taxable. The key takeaway is stricter compliance with full transaction-level tracking.

Presumptive Taxation under Section 58 of Income Tax Act, 2025

April 6, 2026 2190 Views 4 comments Print

The Income Tax Act, 2025 introduces Section 58, consolidating earlier presumptive taxation schemes into one unified framework. It simplifies compliance for small businesses and professionals while imposing structured eligibility and lock-in conditions.

TDS on Property Transfers (From 01.04.2026): Forms 141 & 132

April 6, 2026 12309 Views 2 comments Print

The government has replaced Form 26QB with Form 141, introducing a detailed and structured TDS reporting system for property transactions. The change is not just procedural but requires deeper disclosures and computation.

Great Tax Migration: Bridge Between Income Tax Act 1961 and 2025

April 6, 2026 2388 Views 0 comment Print

The new tax regime introduces a dual-track system from April 2026. Taxpayers must manage compliance under both old and new laws simultaneously.

Capital Gains under New Income tax Act, 2025 for Tax Period 2026-27

April 6, 2026 6846 Views 0 comment Print

The new tax regime introduces a uniform 12.5% long-term capital gains rate. The guide explains updated rules, exemptions, and planning strategies.

Transfer Pricing: Income-tax Act 1961 vs 2025 – Sections, Rules & Forms

April 6, 2026 918 Views 0 comment Print

The new Act reorganises sections, rules, and forms without changing core transfer pricing principles. Taxpayers must adapt to updated references while continuing existing compliance practices.

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