Income Tax
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New TCS Challan Codes FY 2026-27 – Complete List under Section 394
- June 23, 2026
- Posted by: Amit Mundhra CA
- Category: Income Tax
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New TCS challan codes FY 2026-27 with old Section 206C reference. Complete list of payment codes 1068 to 1092 under Section 394 of the Income Tax Act 2025 for your TCS challan on the portal.
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New TDS Challan Codes FY 2026-27 – Complete List with Old Section Reference (Codes 1001 to 1067)
- June 18, 2026
- Posted by: Amit Mundhra CA
- Category: Income Tax
New TDS challan codes FY 2026-27 with old section reference. Complete list of payment codes under section 393 for your TDS challan on the income tax portal under the Income Tax Act 2025.
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Free Income Tax Filing Software in India: Top 5 Options Compared (2026)
- June 17, 2026
- Posted by: Amit Mundhra CA
- Category: Income Tax
Looking for free income tax filing software in India for AY 2026-27? Compare the top 5 options, Income Tax Portal, ClearTax, TaxBuddy, Jio Finance & myITreturn. Know when free software is enough and when you need a CA.
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Documents Required for Lower TDS Certificate for NRI Property Sale | Form 128 Checklist and Filing Process
- May 28, 2026
- Posted by: Amit Mundhra CA
- Category: Income Tax
Documents required for lower TDS certificate for NRI property sale — complete Form 128 checklist, step-by-step TRACES filing process, timeline, and tax rates for LTCG and STCG.
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Section 68 Case Laws in Favour of Assessee for Unsecured Loans
- May 28, 2026
- Posted by: Amit Mundhra CA
- Category: Income Tax
Section 68 case laws in favour of assessee on unsecured loans. Covers Supreme Court, High Court and latest ITAT judgements on burden of proof, creditworthiness, source of source, NRA Iron & Steel, and more.
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3 Key Takeaways of Recent ITAT Ahmedabad Deemed Dividend Case Law of 2025
- October 2, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax Cases
Deemed dividend case law have repeatedly confirmed that Section 2(22)(e) should be applied strictly. In a recent ruling, the ITAT Ahmedabad reaffirmed that TDS under Section 194 is attracted only where dividend is paid to a shareholder, and not on genuine inter-corporate loans given for commercial purposes.
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Capital Gain Calculator on Sale of Property in India
- August 31, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax
We have designed a Capital Gain Calculator for Sale of Property in India to calculate the captial gains on sale of your property with ease. This calculator covers short-term and long-term gains, compares between the new 12.5% tax option without indexation, 20% with indexation, and also explores available exemptions under the Income Tax Act.
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New Tax Regime Income Tax Slab | Income Tax Reckoner for FY 2024-25 (AY 2025-26)
- August 31, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax
If you are wondering how much tax you will pay in FY 2024–25 (AY 2025–26), this New Tax Regime Income Tax Slab Reckoner will help you. You can check the effective tax payable under the New Tax Regime for the FY 2024-25 in this article.
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Income Tax Refund Adjusted Against Outstanding Demand – All You Need to Know
- August 24, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax
Why your income tax refund adjusted against outstanding demand? Learn Section 245 rules, refund adjustment process, and how to respond to tax notices
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Relief for TDS Deductors: New CBDT Circular 9/2025 dated 21-07-2025
- July 23, 2025
- Posted by: Rajendra Gora
- Category: Income Tax
CBDT Circular No. 9/2025 gives relief from higher TDS on inoperative PANs. No higher TDS if PAN is linked by 30 Sept 2025 for payments till 31 Jul 2025, and within 2 months for payments after 1 Aug 2025.