TCS Provisions under Income-tax Act, 2025: Old Sections vs New Sections Explained
Introduction
Tax Collected at Source (TCS) is an important compliance mechanism under India’s income-tax law, ensuring tax collectio...
TDS Provisions under Income-tax Act, 2025: Section-wise Mapping Explained
Introduction
Tax Deducted at Source (TDS) is one of the most critical compliance mechanisms under India’s direct tax system. Under t...
Time Limits for Assessments under Income-tax Act, 2025: New vs Old Law Explained
Introduction
Time limits for completion of assessment are critical for both taxpayers and tax authorities. The Income-tax Act, 2025 ...
Reassessment Provisions under Income-tax Act, 2025: Explained with Comparison to 1961 Act
Introduction
Reassessment is a critical part of income-tax administration, allowing the tax department to reassess income that has e...
Assessment Procedure under Income-tax Act, 2025: Section-wise Comparison with Income-tax Act, 1961
Introduction
The Income-tax Act, 2025 introduces a reorganised and simplified assessment framework while retaining the core principl...
Exempt Incomes under Income-tax Act, 2025: How Provisions Are Reorganised Explained
Introduction
The Income-tax Act, 2025 brings a structural reorganisation of provisions relating to exempt incomes, which were earlie...
Chapter VI-A Deductions: Old Sections vs New Sections Explained under Income-tax Act, 2025
Introduction
Chapter VI-A has always been the most popular part of the Income-tax Act because it deals directly with tax-saving dedu...
Deductions under Income-tax Act, 2025: Section-wise Mapping with 1961 Act
Introduction
Deductions play a crucial role in reducing taxable income and encouraging savings, investments, and social welfare spen...
Income from Other Sources: Changes in Section Numbers Explained (Income-tax Act, 2025)
Introduction
Income from Other Sources is a residual head of income under the Income-tax law. Any income that does not fall under Sa...
Capital Gains: Section-wise Mapping under Income-tax Act, 2025 Explained
Introduction
Capital Gains is one of the most litigated and closely monitored heads of income under Indian tax law. With the enactme...