Income Tax
Navigating the Rs 2 Lakh Cash Rule: A Guide for Selling Household Items
Understand the Rs 2 lakh cash rule for household item sales and ensure compliance with Indian tax regulations.
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Experienced Tax Professional.
Income Tax
Understand the Rs 2 lakh cash rule for household item sales and ensure compliance with Indian tax regulations.
Read articleBusiness Income
Receiving USD or Euros? Learn why missing the Foreign Inward Remittance Certificate (FIRC) can lead to GST and tax issues.
Read articleBusiness Income
Operating from home? Learn how to deduct internet bills, co-working space fees, and laptop depreciation in your ITR-3.
Read articleBusiness Income
Are you an independent developer, designer, or consultant? Learn how Section 44ADA lets you declare half of your income tax-free.
Read articleTax Notices
Received a Section 139(9) notice? Learn about the top mistakes, including selecting the wrong ITR form, that trigger defective return notices.
Read articleTax Notices
Forgot to verify your return? Learn why your tax return is invalid if not e-verified within 30 days of submission.
Read articleTax Notices
Missed the July 31st ITR deadline? Learn about the Section 234F penalties, late filing fees, and interest charges for belated returns.
Read articleTax Notices
Received a Section 143(1) notice? Learn how to read the auto-computed differences and submit an electronic reply on the portal.
Read articleTax Notices
Refund delayed? Follow our step-by-step guide to track your income tax refund status online and resolve bank pre-validation issues.
Read articleIncome Tax
Switched jobs mid-year? Learn how receiving two Form 16s can result in double deductions and lead to unexpected year-end tax demands.
Read articleIncome Tax
Debunking the myth: Discover which deductions, such as corporate NPS and standard deduction, you can still claim under the New Tax Regime.
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Form 16 TDS doesn't match your AIS report? Learn how to spot errors, submit online feedback, and avoid automated tax notices.
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Living with parents? Discover how to legally structure your rent payments to claim HRA tax exemptions and avoid automated tax notices.
Read articleIncome Tax
Earning between ₹12 Lakh and ₹15 Lakh? Learn how to calculate the break-even point and discover why ₹12.75 Lakh is the magic number.
Read articleCapital Gains
Understand the flat 30% tax rate, 1% TDS, and loss set-off restrictions for Virtual Digital Assets (VDAs) in India for AY 2026-27.
Read articleCapital Gains
Investing in US equities? Learn how to report foreign assets under Schedule FA and claim tax credits under DTAA for AY 2026-27.
Read articleCapital Gains
Do you need a Chartered Accountant tax audit for your trading losses? Learn the limits, due dates, and rules under Section 44AB for AY 2026-27.
Read articleCapital Gains
Confused about tax turnover? Learn how absolute turnover is calculated for intraday and F&O trades, and why profit and loss signs are ignored.
Read articleCapital Gains
Lost money in Options trading? Learn how to legally report F&O and intraday losses in ITR-3 to offset other incomes and carry forward losses for AY 2026-27.
Read articleIncome Tax
Explore the recent updates in Indian Income Tax regulations for May 2026.
Read articleCapital Gains
Pre-filing AIS and Form 26AS checklist for traders to reduce mismatch and notice risk.
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Decision guide for old vs new tax regime when salary and trading business income are both present.
Read articleCapital Gains
Field-by-field guide to reporting trading income, losses and broker data in ITR-3.
Read articleCapital Gains
Intraday and F&O turnover formulas with examples, audit notes and filing checklist for ITR-3.
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