12 mins read Compliance 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... CA Sundaram Gupta Mar 6, 2026
12 mins read ITR 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... CA Sundaram Gupta Mar 6, 2026
13 mins read E-Filing Mandate 2026: Who Must File Electronically Under New Income Tax Rules Filing your electronically is no longer a convenience — it is a legal requirement for virtually every taxpayer in India. From salaried indiv... CA Sundaram Gupta Mar 5, 2026
12 mins read ITR 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... CA Sundaram Gupta Feb 27, 2026
9 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
5 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
6 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
6 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
9 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
9 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
9 mins read ITR 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... CA Poonam Kadge Feb 19, 2026
5 mins read ITR Objections Against Reassessment Proceedings: How to Challenge a Section 148 Notice Few things unsettle a taxpayer more than receiving a reassessment notice from the Income Tax Department. It signals that the department beli... CA Poonam Kadge Feb 19, 2026