Practical compliance guides

Income Tax · 9 min read

PAN & TAN Rules 2026: Application, Allotment & TDCA Number Under the New Income Tax Framework

PAN and TAN are the two foundational identifiers in India’s income tax system. Every taxpayer needs a PAN; every person deducting or collect...

CACA Sundaram Gupta · Mar 23

Income Tax · 8 min read

New Income Tax Act 2025 vs Old Act 1961: What Changed and What’s New

If you are a taxpayer, CA, or business owner in India, the single biggest change in direct taxation since 1961 is about to take effect. The...

CACA Sundaram Gupta · Mar 23

International Business · 15 min read

Mutual Agreement Procedure (MAP) Rules 2026: Resolving Double Taxation Under Tax Treaties

When two countries tax the same income-whether because both claim the right to tax it, or because a transfer pricing adjustment in one count...

CACA Puja Pradhan · Mar 23

Income Tax · 8 min read

ITR Forms Under New Income Tax Rules 2026: Which Form to File (ITR-1 to ITR-7)

Filing the correct ITR form is the first-and often most critical-step in income tax compliance. Filing the wrong form makes the return defec...

CACA Sundaram Gupta · Mar 23

Income Tax · 14 min read

Indirect Transfer Taxation Rules 2026: When Foreign Share Sales Are Taxed in India

A company in Singapore sells shares of a holding company in Mauritius. The Mauritius company owns 100% of an Indian subsidiary worth Rs 500...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Indexation Removal 2024: How It Impacts Property, Gold & Debt Fund Investors

The Finance (No. 2) Act, 2024 made one of the most significant changes to capital gains taxation in decades: the removal of indexation benef...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Spectrum Expenditure Deduction for Telecom Companies: Rule 41 of Income Tax Rules 2026 Explained

India’s telecom sector invests thousands of crores in spectrum auctions to acquire the right to use airwaves for mobile and broadband servic...

CACA Sundaram Gupta · Mar 23

Income Tax · 14 min read

Slump Sale Tax Rules 2026: Computation, FMV & Audit Report Requirements Under Section 50B

Your company is divesting a division, selling a manufacturing unit, or restructuring a loss-making vertical. Instead of selling each asset o...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Significant Economic Presence (SEP) Rules 2026: ₹2 Crore & 3 Lakh User Thresholds for Non-Resident Taxation

If your business has digital customers in India, sells software or data to Indian entities, or provides online services to Indian users-even...

CACA Puja Pradhan · Mar 23

Income Tax · 13 min read

Section 35AD: 100% Deduction on Capital Expenditure for Specified Businesses - Complete Guide for FY 2026-27

You are setting up a cold chain facility, a 150-bed hospital, or a warehousing complex for agricultural produce. The capital expenditure run...

CACA Sundaram Gupta · Mar 23

Income Tax · 10 min read

Seafarer Tax Rules 2026: Period of Stay Computation for Ship Crew Under Rule 8 and Section 6(6)

For India’s estimated 240,000+ active seafarers and merchant navy professionals, one question dominates tax planning every year: how many da...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Scientific Research Expenditure Deduction Rules 2026: Complete Guide to Rules 29-30 Under Section 45

If your company invests in research and development, the deductions available under the Income Tax Act can significantly reduce your tax lia...

CACA Sundaram Gupta · Mar 23