Income Tax Filing for Doctors in India – 44ADA, Salary & Deductions
Income Tax Filing for Doctors in India – 44ADA, Salary & Deductions Medical professionals—whether practicing independently, running clinics, or working in hospitals—are required to comply with Indian income tax regulations. Depending on their mode of earning (salary, private practice, or consultancy), doctors fall under different tax filing categories. This article explains the applicable ITR forms, presumptive taxation under Section 44ADA, and relevant provisions under the Income Tax Act, 1961 specifically tailored for medical professionals and healthcare practitioners in India. [...]
ITR-1 SAHAJ for AY 2025–26 : Who Should File & Who Shouldn’t?
ITR-1 SAHAJ for AY 2025–26 : Who Should File & Who Shouldn’t? The Income Tax Department has officially notified ITR-1 SAHAJ for Assessment Year 2025–26 through Notification No. 40/2025 dated 29.04.2025, effective from April 1, 2025. Designed for resident individuals with straightforward income profiles, this return form is part of the department’s continued effort to simplify tax compliance. But not everyone can file ITR-1. So, how do you know if you qualify? This explainer covers who can file ITR-1 [...]
E-Way Bill Login Problems and How to Fix Them
Top 8 Common Problems During eWay Bill Login and How to Fix Them Introduction to eWay Bill Login System The eWay Bill System is an integral part of India’s GST framework, designed to track the movement of goods. It helps ensure transparency, prevent tax evasion, and simplify logistics operations. However, accessing the portal isn't always smooth. Users often encounter technical glitches, login errors, and system issues that can delay important filings and disrupt business operations. That’s why understanding the [...]
Income Tax Return Filing Last Date for for AY 2025–26
Income Tax Return Filing Last Date for for AY 2025–26 Why the ITR Deadline Matters for Every Taxpayer The Income Tax Return (ITR) filing deadline is more than just a statutory date—it’s a marker of responsible financial behavior. Timely filing ensures: Avoidance of penalties under Section 234F Faster refund processing of excess TDS or advance tax Eligibility for revised filings and accurate recordkeeping A positive image with financial institutions, investors, and regulators Whether you're an employee, NRI, startup, or [...]
Form 3CEB – Specified Domestic Transactions
Overview: What Are Specified Domestic Transactions (SDTs)? Specified Domestic Transactions (SDTs) are domestic arrangements between related parties that are subject to transfer pricing regulations under Indian tax law. Though commonly associated with international transactions, India’s tax regime mandates disclosure and arm's length pricing for certain high-value domestic transactions as well. These transactions must be reported in Form 3CEB, certified by a Chartered Accountant, and submitted alongside the Income Tax Return (ITR) if the total value exceeds ₹20 crore in [...]
Concept of Taxation in India: Key Tax Laws Entrepreneurs Must Know
Understanding the Concept of Taxation Taxation is the mandatory contribution levied by the government on individuals and businesses to fund public expenditures. In India, taxation serves a broader purpose—economic stability, redistribution of wealth, and funding national growth. India is referred to as having one of the complex tax laws in the world, which is why every entrepreneur must be clear of basic tax concepts. Historically, India's taxation system evolved from the times of the Mauryan Empire, gradually maturing into [...]