Partner Remuneration Under Section 40(b) + 194T TDS (2025)
Finance Act 2024 doubled the Section 40(b) limit to Rs. 6 lakh. Calculate partner remuneration slabs and meet new 10% TDS under Section 194T from April 2025.
ITR-U Form Explained AY 2026-27: Your Questions Answered
ITR-U form AY 2026-27: 91.76 lakh returns filed, Rs 9,118 crore collected. 4-year window, 25-70% tax slabs. Who can file and who cannot under Section 139(8A).
ITR-7 Form AY 2026-27: Trusts, NGOs and Exempt Entities
ITR-7 AY 2026-27 explained for trusts, NGOs and exempt institutions. Form 112 replaces 10B/10BB, 85% rule, Section 12AB registration, and filing deadlines.
ITR 4 Form AY 2026-27: Complete Sugam Filing Guide
ITR 4 Form AY 2026-27 (Sugam): 1.88 crore filers. Covers Section 44AD, 44ADA, 44AE presumptive tax, new bank balance disclosures and the 5-year lock-in rule.
ITR 3 Form AY 2026-27 Explained: Complete FAQ Guide
ITR-3 form AY 2026-27 explained in 18 FAQs. Over 91.10 lakh filers used ITR-3 in AY 2024-25. Business income, F&O, tax audit, and key deadlines covered.
ITR 2 Form Explained: Frequently Asked Questions (AY 2026-27)
ITR-2 form AY 2026-27 explained in 14 FAQs. Over 1.09 crore filers used ITR-2 last year. Capital gains, HUF rules, 87A trap, and deadlines all covered.
ITR-1 Form (Sahaj) Explained for AY 2026-27: Your Complete FAQ
ITR-1 form AY 2026-27 explained in 12 FAQs. New rules: 2 house properties, LTCG up to Rs.1.25 lakh now allowed. Complete eligibility checklist, filing steps, and common mistakes to avoid.
10 Changes in ITR Filing in AY 2026-27 You Need to Know Before You File Your ITR
Know the 10 key changes in ITR filing for AY 2026-27 before you file. Updated rules on income tax slabs, deductions, and compliance requirements for Indian taxpayers.
Residential Status under Income Tax Act: Rules, Tests, and Implications for Taxpayers
Residential status determination under India's Income Tax Act. Learn the RNOR, NRI, and resident tests, the 182-day and 60-day rules, and how residential status affects your total tax liability.
Income Tax Extension Deadline: Everything You Need to Know for Timely Compliance
Everything you need to know about income tax extension deadlines in India. Covers when CBDT extends the ITR filing due date, applicable sections, penalties for late filing, and compliance tips.
