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Income Tax — Guides, Updates & Practical Insights

Understand Income Tax with practical, easy-to-follow guidance — from the basics through registration, returns, compliance and notices.

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604In-depth Guides
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Income Tax

Tax Comparison of All Business Structures in India — FY 2026-27

Tax Comparison of All Business Structures in India — FY 2026-27 Tax Comparison of All explained: this guide covers what…

1 min read23 Aug 2026
Income Tax

Appeal Memo to ITAT (Form 36) — Drafting Guide and Template

Draft reply for appeal to Income Tax Appellate Tribunal against CIT(A) order. Template with compliance notes. Illustrative only.

5 min read22 Aug 2026
Income Tax

Section 40(b) IT Act 1961 — Partner Remuneration and Interest Deduction

Section 40(b) partner remuneration under Section 40(b), Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read23 Aug 2026
Income Tax

Application for Stay of Tax Demand — Template

Draft reply for stay of outstanding tax demand pending appeal. Template with compliance notes. Illustrative only.

5 min read23 Aug 2026
Income Tax

New vs Old Tax Regime 2025-26: Which Is Better for You?

Budget 2025 made New Tax Regime the default. Zero tax up to ₹12.75L. But is it better than Old Regime? Income-wise comparison tables, free calculator, and expert advice.

5 min read23 Aug 2026
Income Tax

Sections 15-17 IT Act 1961 — Salary Income (Charging, Definition, Perquisites)

Section 15-17 IT Act 1961 salary under Section 15-17, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Section 80C Tax Saving Investments — Complete Guide FY 2025-26

Section 80C allows up to ₹1.5 lakh deduction per year under Old Regime. Complete list: ELSS, PPF, NSC, EPF, LIC, home loan principal. Comparison of returns, lock-in, and tax treatment.

4 min read22 Aug 2026
Income Tax

How to File ITR Online for FY 2025-26 (AY 2026-27) — Step-by-Step Guide

Complete step-by-step guide to file income tax return (ITR) online for FY 2025-26. Due date: July 31, 2026. Which ITR form, documents needed, e-verification, and refund tracking.

4 min read22 Aug 2026
Income Tax

Section 32 IT Act 1961 — Depreciation (WDV, Rates, Additional, Block Assets)

Section 32 depreciation under Section 32, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read23 Aug 2026
Income Tax

Section 392 IT Act 2025 — TDS on Salary (Single Consolidated Section)

Section 392 TDS salary 2025 under Section 392, Income Tax Act, 2025. Analysis, examples, penalties, forms. March 2026.

8 min read23 Aug 2026
Income Tax

Petition to PCIT for Revision Under Section 264 — Template

Draft reply for revision of order in favor of assessee under Section 264. Template with compliance notes. Illustrative only.

5 min read23 Aug 2026
Income Tax

Section 195 IT Act 1961 — TDS on Payment to Non-Residents

Section 195 TDS non-resident under Section 195, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Section 139 IT Act 1961 — Return of Income (Due Date, Belated, Revised, Updated)

Section 139 return of income under Section 139, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read23 Aug 2026
Income Tax

Reply to Notice Under Section 142(1) — Draft Template

Draft reply for notice under Section 142(1) requiring information/documents before assessment. Template with compliance notes. Illustrative only.

5 min read23 Aug 2026
Income Tax

Sections 226-228 IT Act 2025 — Surcharge, Cess, and Rate Structure

Section 226-228 surcharge under Section 226-228, Income Tax Act, 2025. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Home Loan Tax Benefit: Section 24, 80C & 80EEA Deductions (FY 2025-26)

Complete guide to home loan tax benefits for FY 2025-26. Section 24(b) interest deduction (Ôé╣2 lakh), Section 80C principal deduction (Ôé╣1.5 lakh), Section 80EEA first-home buyer benefit, and how to claim both HRA and home loan deductions.

11 min read22 Aug 2026
Income Tax

Sections 22-27 IT Act 1961 — House Property Income Complete Guide

Section 22-27 house property under Section 22-27, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Sections 131-136 IT Act 2025 — STCG and LTCG Tax Rates

Section 131-136 STCG rate under Section 131-136, Income Tax Act, 2025. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Section 10(10AA) IT Act 1961 — Leave Encashment Exemption on Retirement

Section 10(10AA) leave encashment under Section 10(10AA), Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Income Tax Slab Rates 2026-27 — Old vs New Regime (Complete Comparison with Calculator)

income tax slab rates 2026-27. Complete guide. Updated March 2026.

8 min read22 Aug 2026
Income Tax

Section 194-IA IT Act 1961 — TDS on Purchase of Immovable Property (1%)

Section 194-IA TDS property under Section 194-IA, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Sections 199-201 IT Act 2025 — Donations (80G Equivalent)

Section 199-201 donation deduction under Section 199-201, Income Tax Act, 2025. Analysis, examples, penalties, forms. March 2026.

8 min read22 Aug 2026
Income Tax

Section 80C Deductions — Complete List of Eligible Investments 2026 (Rs. 1.5 Lakh Limit)

Section 80C. Complete guide. Updated March 2026.

8 min read23 Aug 2026
Income Tax

Section 10(5) IT Act 1961 — Leave Travel Allowance (LTA) Exemption

Section 10(5) LTA exemption under Section 10(5), Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.

8 min read23 Aug 2026