Income Tax
Legal Team•26 Apr 2023
Deductions in new tax regime (2023-24)
A 2026 view of deductions allowed in the new tax regime — what stays, what is restricted, the ₹7 lakh rebate, and how to choose between old and new regimes.
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Discover all our latest articles, guides, and updates related to Income Tax.
Income Tax
Legal Team•25 Apr 2023
Form No. 10
A 2026 guide to Form 10 under the Income-tax Act — accumulation of trust income, the filing process, deadlines, and common errors that void the exemption.
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Income Tax
Legal Team•25 Apr 2023
Certificate for Section 80G Deduction
Understand how to claim Section 80G in 2026 — Form 10BE certificate, Form 10BD filing by donees, new-regime restrictions, and avoidable disallowances.
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Income Tax
Legal Team•24 Apr 2023
Deductions under old & new tax regime
A side-by-side guide to deductions under the old and new tax regimes for FY 2026-27 — when each regime wins and how to plan around the default new regime.
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Income Tax
Legal Team•24 Apr 2023
Section 68 to 69D
A 2026 primer on Sections 68 to 69D of the Income-tax Act — cash credits, unexplained investments, money, expenditure, and the 78% effective tax under 115BBE.
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Income Tax
Legal Team•23 Apr 2023
Government prefer New Tax Regime
Why the Indian Government has nudged taxpayers towards the new tax regime since 2023, and whether the 2026 default is right for your salary profile this year.
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Income Tax
Legal Team•23 Apr 2023
Section 194DA
A 2026 guide to Section 194DA — when TDS at 5% applies on life insurance maturity proceeds, the 10(10D) interplay, and how to handle ITR reporting smoothly.
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Income Tax
Legal Team•21 Apr 2023
Tips for Tax-Efficient Salary Structure
Build a tax-efficient salary structure for FY 2026-27 — regime choice, HRA, employer NPS, allowances, and old vs new optimisation tips for salaried Indians.
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Income Tax
Legal Team•20 Apr 2023
Income Clubbing under IT Act
A 2026 guide to clubbing of income under Sections 60 to 64 of the Income-tax Act — spouse, minor child, HUF transfers, and legitimate planning routes.
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Income Tax
Legal Team•20 Apr 2023
TDS on sale of property: Sec 194IA
A 2026 guide to Section 194IA — when buyers must deduct 1% TDS on property purchases, Form 26QB filing, Form 16B issuance, and the NRI-sale exceptions today.
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Income Tax
Legal Team•19 Apr 2023
ITR Filing FY 2022–2023
In 2026, FY 2022-23 returns can still be filed as updated returns under Section 139(8A). Understand the windows, costs, and ITR discipline for future years.
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Income Tax
Legal Team•18 Apr 2023
The Development of Premium Online Gaming: Taxation in the modern era
Online gaming in India faces 28% GST on full deposit value and 30% TDS on net winnings under section 194BA — FY 2026-27 rules explained.
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Income Tax
Legal Team•18 Apr 2023
Income Tax Slabs rates for AY 2024–25 (FY 2023–24)
Income tax slab rates for AY 2024-25 (FY 2023-24) under the new default regime and old regime, with section 87A rebate up to ₹7 lakh explained.
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Income Tax
Legal Team•17 Apr 2023
Income Tax Modifications Effective for AY 2023–24 (FY 2022-23)
Key income tax modifications for AY 2023-24 — updated returns, 30% VDA tax, 15% surcharge cap on LTCG and cess disallowance, still relevant in FY 2026-27.
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Income Tax
Legal Team•17 Apr 2023
Tips for Self-Employed and Freelancers to File Income Tax Return for FY 22-23
Freelancer tax filing guide — section 44ADA presumptive scheme, ITR-3 versus ITR-4, foreign receipts, GST registration and advance tax obligations.
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Income Tax
Legal Team•16 Apr 2023
Change in Indian taxation through digitization
India's tax system has moved to faceless assessments, AIS, e-invoicing and AI-driven scrutiny — how digitization shapes FY 2026-27 compliance.
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Income Tax
Legal Team•14 Apr 2023
Income Tax Sec 80GG for Old Tax Regime FY 2023-24
Section 80GG allows rent deduction up to ₹60,000 a year for those without HRA — eligibility, calculation and Form 10BA filing under the old tax regime.
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Income Tax
Legal Team•13 Apr 2023
In India, how may income tax be reduced?
Reduce income tax in India for FY 2026-27 — regime choice, 80C, 80D, home loan interest and section 87A rebate strategies explained.
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Income Tax
Legal Team•12 Apr 2023
New ITR Forms for FY 2022-23 (AY 2023-24)
ITR forms for AY 2023-24 introduced Schedule VDA for crypto, expanded foreign asset reporting and AIS-driven pre-fill — still relevant for updated returns.
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Income Tax
Legal Team•12 Apr 2023
Cost Inflation Index (CII) FY 2023–24
Cost Inflation Index for FY 2023-24 is 348 — used to compute indexed cost on long-term capital assets and grandfathered land or building under FY 2026-27 rules.
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Income Tax
Legal Team•10 Apr 2023
Income Tax Modifications from April 2023
April 2023 income tax changes — new regime as default, section 87A rebate up to ₹7 lakh, surcharge cap at 25% — still shape FY 2026-27 planning.
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Income Tax
Legal Team•6 Apr 2023
Circular on TDS for salaries: FY 2023-2024
Refreshed guide to the CBDT circular on salary TDS for FY 2023-24 — new regime default, Section 87A rebate, standard deduction and what holds in 2026.
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Income Tax
Legal Team•5 Apr 2023
Auto Calculation of Income Tax
How auto-calculation income tax software helps salaried Indians — old vs new regime, AIS reconciliation and what to use for FY 2026-27 and AY 2027-28.
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Income Tax
Legal Team•5 Apr 2023
New Income Tax Rules w.e.f 1st April 2023
Recap of the income tax rules effective 1 April 2023 — new regime default, Section 87A rebate, debt MF taxation and how they apply in FY 2026-27.
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Income Tax
Legal Team•5 Apr 2023
TDS Rate Chart for FY 2023-24
Refreshed TDS rate chart guide — Section 192, 194A, 194C, 194J, 194Q, 194R and how the FY 2023-24 baseline now applies in FY 2026-27.
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Income Tax
Legal Team•21 Mar 2023
Tax Exemption U/s 80IAC
Complete 2026 guide to Section 80-IAC tax exemption — eligibility, IMB approval, three-year tax holiday and compliance for DPIIT-recognised startups.
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Income Tax
Legal Team•20 Feb 2023
Directors ITR in India
How directors of Indian companies must file their ITR for AY 2027-28 — ITR-2 vs ITR-3, mandatory disclosures and common mistakes to avoid.
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Income Tax
Legal Team•20 Feb 2023
Sole Proprietorship Tax Planning in India
2026 tax planning guide for sole proprietorships in India — regime choice, Section 44AD and 44ADA, deductions, family planning and advance tax.
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Income Tax
Legal Team•19 Feb 2023
KEY CHANGES IN ITR FORMS A.Y 2023-24
Key ITR form changes from AY 2023-24 — Schedule VDA, FA, ESOPs, regime choice — and how the framework applies to AY 2027-28 filings.
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Income Tax
Legal Team•18 Feb 2023
SECTION 194C: TDS TO CONTRACTOR
Complete 2026 guide to Section 194C TDS on payments to contractors — rates, thresholds, exemptions and compliance for FY 2026-27.
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