Practical compliance guides

Income Tax · 10 min read

Cost Inflation Index Under New Income Tax Rules 2026: How It Works

If you have ever sold a property, gold, or any long-term investment, you have encountered the Cost Inflation Index (CII) — the silent number...

CACA Sundaram Gupta · Mar 9

Income Tax · 12 min read

Registration Rules for Charitable Trusts & NGOs Under New IT Rules 2026: Complete Guide

Charitable trusts, religious institutions, educational bodies, and NGOs have long enjoyed income tax exemptions in India. Under the old Inco...

CACA Sundaram Gupta · Mar 9

Income Tax · 12 min read

Books of Account Rules 2026: Who Must Maintain & What Records Under Rule 46

If you are running a business or practising a profession in India, you may already know that keeping proper financial records is not optiona...

CACA Sundaram Gupta · Mar 9

Income Tax · 12 min read

Capital Gains Rules 2026: Holding Period, FMV Calculation & New Provisions

The capital gains tax framework in India has undergone more changes in the last two years than in the preceding decade. From the removal of...

CACA Sundaram Gupta · Mar 6

Income Tax · 12 min read

Draft Income Tax Rules 2026: Complete Summary & Key Changes Explained

If you are a salaried employee, business owner, or tax professional in India, the Draft Income Tax Rules 2026 released by CBDT on 07 Februar...

CACA Sundaram Gupta · Feb 27

Income Tax · 9 min read

Tax Demand Management and Instalment Applications: A Practical Guide for Taxpayers

An outstanding tax demand can disrupt your finances overnight. The Income Tax Department doesn't wait patiently once an assessment order cre...

CACA Puja Pradhan · Feb 19

Income Tax · 5 min read

Stay of Tax Demand: How to Stop Income Tax Recovery Proceedings

An assessment order doesn't just determine your tax liability. It also triggers a demand notice under Section 156, giving you just 30 days t...

CACA Puja Pradhan · Feb 19

Income Tax · 6 min read

Section 154 Rectification: How to Correct Mistakes in Your Income Tax Return

You filed your income tax return on time, verified it through Aadhaar OTP, and waited for the refund. Then an intimation under section 143(1...

CACA Poonam Kadge · Feb 19

Income Tax · 6 min read

Section 153A Assessment: Understanding Post Search Assessment and Section 153C

A knock on the door from the Investigation Wing changes everything. Once a search under Section 132 is conducted, the tax department doesn't...

CACA Poonam Kadge · Feb 19

Income Tax · 9 min read

Search and Seizure Cases under Income Tax: Section 132 Explained

Few events in a taxpayer's life are as disruptive as an income tax search seizure operation. Commonly referred to as an IT raid, it involves...

CACA Poonam Kadge · Feb 19

Income Tax · 9 min read

Revision Petitions under Income Tax: Section 263 and 264 Explained

Most taxpayers are familiar with appeals before CIT(A) and ITAT, but fewer know about a parallel remedy that can rewrite the outcome of an a...

CACA Poonam Kadge · Feb 19

Income Tax · 9 min read

Income Tax Reassessment and Reopening Cases: Section 147 and 148 Explained

You filed your income tax return years ago, received the intimation, and moved on. Then one day, a notice arrives from the Income Tax Depart...

CACA Puja Pradhan · Feb 19