Income Tax
Priyanka Wadhera•18 Aug 2023
Maximizing Tax Reporting with AIS Changes
Use the 2026 AIS smartly: 50+ data categories, TIS and 26AS, feedback mechanism, and reconciliation to file a clean ITR and avoid scrutiny.
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Discover all our latest articles, guides, and updates related to Income Tax.
Income Tax
Priyanka Wadhera•17 Aug 2023
Essential IT Notice for Salaried Individuals
A practical 2026 guide for salaried Indians on the types of income tax notices, how to verify them on the e-filing portal, and the correct response steps.
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Income Tax
Priyanka Wadhera•17 Aug 2023
Understanding the updated ITR
A clear 2026 guide to ITR-U under section 139(8A) — eligibility, additional tax under section 140B, time limits and step-by-step filing for AY 2026-27.
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Income Tax
Priyanka Wadhera•16 Aug 2023
Filing Online TDS on Property Sale
2026 guide to TDS on property sale — section 194-IA, Form 26QB online filing, NRI transactions under section 195, due dates, penalties and pitfalls.
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Income Tax
Priyanka Wadhera•14 Aug 2023
Tax Deductions & Exemptions
A 2026 guide to Indian tax deductions and exemptions — section 80C, 80D, HRA, regime comparison and how to choose between old and new for AY 2026-27.
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Income Tax
Priyanka Wadhera•14 Aug 2023
Presumptive Taxation u/s 44ADA
Section 44ADA explained for AY 2026-27 — eligibility, ₹75 lakh digital threshold, 50% deemed income, advance tax and when to opt in or out.
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Income Tax
Priyanka Wadhera•12 Aug 2023
Types of Income Tax Notices
A 2026 guide to all major income tax notices in India — sections 143(1), 142(1), 143(2), 148, 156, 245 — with response framework and timelines.
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Income Tax
Priyanka Wadhera•8 Aug 2023
Simplified E-commerce & Tax Process
A simplified 2026 tax process for Indian e-commerce sellers — setup, GST, presumptive income, 194-O TDS, reconciliation and tech stack.
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Income Tax
Priyanka Wadhera•8 Aug 2023
Speed Up Tax Refund: Simple Steps
Practical 2026 steps to speed up your income tax refund — early filing, bank pre-validation, e-verification, AIS matching and notice responses.
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Income Tax
Priyanka Wadhera•8 Aug 2023
Impact of Delayed Filing of ITR
Understand 2026 consequences of delayed ITR filing — section 234F fee, 234A interest, loss carry-forward and regime choice impact in AY 2026-27.
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Income Tax
Priyanka Wadhera•7 Aug 2023
Understand Loss Set Off under IT Act
Master Indian loss set-off rules in 2026 — intra-head, inter-head, carry-forward time limits and conditions to preserve relief for AY 2026-27.
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Income Tax
Priyanka Wadhera•7 Aug 2023
Everything regarding Advance Tax
Complete 2026 guide to advance tax in India — due dates, instalment percentages, sections 234B/234C interest, capital gains treatment and payment.
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Income Tax
Priyanka Wadhera•5 Aug 2023
Beware Fake Tax Refund Messages
Spot and report fake income tax refund SMS, emails, and WhatsApp links in 2026 — red flags, official CBDT channels, and what to do if you click.
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Income Tax
Priyanka Wadhera•4 Aug 2023
Understanding the Income Tax Boom
Why India's income tax collections are booming in FY 2025-26 — AIS, faceless assessment, TDS expansion, and what it means for individual taxpayers.
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Income Tax
Priyanka Wadhera•4 Aug 2023
ITR changes for FY 2023-24
Key ITR changes for FY 2023-24 in India — new tax regime default, capital gains revisions, AIS pre-fill, and revised due-date and penalty rules.
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Income Tax
Priyanka Wadhera•3 Aug 2023
Revising TDS returns
Step-by-step 2026 guide to revising TDS returns in India — TRACES correction statement, common errors, Section 234E penalty, and best-practice tips.
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Income Tax
Priyanka Wadhera•3 Aug 2023
Filing Belated ITR
How to file a belated ITR in 2026 under Section 139(4) — late fee, interest, e-filing steps, and what you lose by missing the original deadline.
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Income Tax
Mayank Wadhera•2 Aug 2023
Guide to the Applicability of Tax Audits
When is a tax audit applicable in India? FY 2025-26 thresholds under Section 44AB, presumptive schemes, forms, due dates, and penalty rules explained.
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Income Tax
Priyanka Wadhera•1 Aug 2023
Filing ITR After the Deadline
Missed the ITR deadline? A 2026 guide to belated and ITR-U returns — costs, deadlines, and how to choose the right route for AY 2026-27 India.
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Income Tax
Mayank Wadhera•31 Jul 2023
GST on life insurance policy
Understand GST on life insurance premiums in India 2026 — rates for term, endowment, and ULIP plans, plus interaction with Section 80C and 10(10D).
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Income Tax
Priyanka Wadhera•31 Jul 2023
Tax Compliance Tracker for August
August 2026 tax compliance checklist for India — income tax, GST, TDS, MCA, and PF/ESI due dates with owner-wise responsibilities and notes.
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Income Tax
Priyanka Wadhera•29 Jul 2023
Home Loan Interest Deduction in ITR
Claim home loan deductions in your ITR for AY 2026-27 in India — Section 24(b), 80C, 80EE, 80EEA, and how the new tax regime changes the math.
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Income Tax
Priyanka Wadhera•29 Jul 2023
ITR: Deadlines & Penalties
ITR deadlines and penalties for AY 2026-27 in India — original, belated, and updated return cut-offs plus Section 234F, 234A, and ITR-U cost.
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Income Tax
Priyanka Wadhera•29 Jul 2023
Overview of the New Tax Regime
A 2026 overview of the new tax regime in India — slabs, Section 115BAC, deductions retained vs lost, and who should still opt for the old regime.
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Income Tax
Priyanka Wadhera•28 Jul 2023
Penalties: 60% Fine for Cash Deposits
Unexplained cash deposits in India attract 60% tax under Section 115BBE plus surcharge, cess, and Section 271AAC penalty — total cost can exceed 78%.
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Income Tax
Priyanka Wadhera•28 Jul 2023
Claim HRA Exemption in ITR
Claim HRA exemption in your AY 2026-27 ITR under Section 10(13A) — formula, documents, regime choice, and common scrutiny pitfalls in India.
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Income Tax
Priyanka Wadhera•26 Jul 2023
ITR Filing Deadline
All ITR filing deadlines for AY 2026-27 in India — original, audit, transfer pricing, belated, revised, and updated return windows plus penalties.
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Income Tax
Priyanka Wadhera•26 Jul 2023
Rise in Zero-Tax ITRs
Why zero-tax ITRs are rising in India 2026 — Section 87A rebate, standard deduction, and why filing still matters even when no tax is due now.
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Income Tax
Priyanka Wadhera•24 Jul 2023
Ensure accurate ITR filing information
Step-by-step guide to ensure ITR accuracy for AY 2026-27 — AIS reconciliation, correct form selection, regime comparison and verification.
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Income Tax
Priyanka Wadhera•24 Jul 2023
Scrutiny by IT Dept. for False Salaried Deductions
How the IT Department now scrutinises false salaried deductions like HRA, 80C and 80G in 2026 — red flags, notices, penalties and safe practices.
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