Income Tax

NPS maturity & partial withdrawals — tax-free (Income-tax Act 2025; old 10(12A)/(12B)) At exit, up to 60% of your NPS corpus taken as a lump sum is tax-free, and eligible partia... NRI tax filing from the USA — India + US taxes, FATCA, FBAR and the India-US DTAA If you are an Indian living in the USA, you generally file in both countries: India taxes... NRI tax filing from the UAE — Dubai, Abu Dhabi and the Gulf explained For Indians in the UAE and the Gulf, the tax picture is the opposite of the USA: because t... Disability & serious-illness deductions — Sections 127, 128 & 154 (old 80DD/80DDB/80U) Indian tax law gives three separate reliefs to families living with disability or serious... See all 102 tax savings →

Do I need to file an ITR — who must file, and who should anyway? You must file if your total income before deductions exceeds the basic exemption (₹2.5 lak... How trading is taxed — F&O, ETFs, intraday, and salary + capital gains It depends on how you trade. F&O and intraday are business income (taxed at slab, ITR-... My employer deducted TDS but didn't deposit it — what can I do? If your employer deducted TDS from your salary but didn't deposit it, the law is on your s... Does an NRI need to file an ITR in India — and how? An NRI must file an Indian return if India-source income crosses the basic exemption, to c... See all 56 questions & answers →

CIT v. Excel Industries Ltd Income tax is charged on real income, not hypothetical income — income "accrues" only when... Vodafone International Holdings B.V. v. Union of India The Supreme Court held that the offshore sale of shares of a foreign company, which indire... Union of India v. Azadi Bachao Andolan The Supreme Court upheld the India–Mauritius treaty and CBDT Circular 789: a Tax Residency... CIT v. B.C. Srinivasa Setty No capital gains tax can be charged on the transfer of an asset — such as self-generated g... See all 5 case law →

Circular No. 6/2026 — Condonation of delay in filing Form No. 10AB electronically for approval under clause(ii) of the first proviso to section 80G(5) of the Income-tax Act, 1961 Condonation of delay in filing Form No. 10AB electronically for approval under clause(ii)... Circular No. 19/2022 — Extension of timeline for filing of various reports of audit for the Assessment Year 2022-23 Extension of timeline for filing of various reports of audit for the Assessment Year 2022-... Circular No. 3/2025 — Income-tax deduction from salaries during the financial year 2024-25 under section 192 of the Income-tax Act, 1961 This is CBDT's yearly instruction to employers on how to deduct TDS from salary under Sect... Circular No. 14/2025 — Extension of timelines for filing of various reports of audit for Financial Year 2024-25 by auditable assessees Extension of timelines for filing of various reports of audit for Financial Year 2024-25 b... See all 99 circulars →

Notification No. 83/2026 CBDT Income-tax Notification No. 83/2026, dated 13 Jul 2026. Open the official PDF for the... Notification No. 85/2026 — Cost Inflation Index for Financial Year 2026-27 CBDT has notified the Cost Inflation Index (CII) for Financial Year 2026-27 by Notificatio... Corrigendum to ITR Form 3 — and the complete guide to filing ITR-3 for business and professional income A corrigendum to ITR Form 3 is a housekeeping correction to the return used by anyone with... Notification No. 51/2026 — Income-tax (Eighth Amendment) Rules, 2026 Income-tax (Eighth Amendment) Rules, 2026. Official CBDT notification No. 51/2026, dated 3... See all 47 notifications →

Form 16 & Form 16A — your TDS certificates Form 16 is the TDS certificate for salary your employer issues; Form 16A is the TDS certif... Form 10E — relief on salary arrears (Section 157, old 89) Form 10E is mandatory to claim relief under Section 157 (old 89) when you receive salary a... Form 26AS — your Annual Tax Statement Form 26AS is your consolidated annual tax statement — every rupee of tax credited against... Form 15G & Form 15H — declaration to avoid TDS Form 15G (under 60) and Form 15H (60 and above) are self-declarations that your total inco... See all 5 forms →

Reply to a Section 143(1)(a) proposed adjustment Got a proposed adjustment while your return was being processed (Section 270, old 143(1)(a... Reply to a Section 133(6) information request A notice under Section 133(6) (Section 252, Income-tax Act 2025) is a call for information... Response to a defective-return notice (Section 139(9)) A defective-return notice (old Section 139(9)) means something is missing/inconsistent in...

Income-tax slab rates — FY 2025-26 (old vs new regime) Slab rates for FY 2025-26 (AY 2026-27) — the default new regime (Section 202, old 115BAC)... TDS rate chart — key sections, FY 2025-26 The TDS rates you meet most often, FY 2025-26. Rates below; the thresholds were revised by... Capital-gains tax rates — ready reckoner (post 23 July 2024) The 23 July 2024 overhaul simplified capital-gains rates. Quick reckoner of rates and hold... Income-tax due dates — AY 2026-27 (FY 2025-26) The dates that matter for AY 2026-27 (FY 2025-26) — ITR filing, tax audit, advance-tax ins...

How to set up a family trust — the step-by-step Setting up a family trust is straightforward if each step is done right — the deed and the... A family trust to hold your business / shares — clean succession Holding your promoter shares in a family trust keeps control and value together as they pa... A family trust for asset protection — ring-fence the wealth Once assets are genuinely settled into an irrevocable trust, they no longer belong to any... A trust for a special-needs or dependent child A trust is the safest way to provide for a special-needs or dependent child for life — and... See all 7 guides →