Taxation of Virtual Digital Assets under Income-tax Act, 2025
Introduction
The rise of cryptocurrencies, NFTs, and other digital assets has transformed the way people invest and transact. Recogn...
Appeal Provisions under Income-tax Act, 2025
The Income-tax Act, 2025 introduces a restructured and more streamlined framework for filing appeals. While the substantive right to ap...
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...