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Income Tax Act 2025 vs 1961 Section Mapping Guide
Explore the section mapping cheat sheet comparing the Income-tax Act 2025 and 1961 for everyday provisions including deductions, TDS, TCS, and capital gains.
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Understanding Gross Total Income Heads and Taxation Rules
Explore the five heads of income under the Income-tax Act, including salary components, deductions, gratuity, allowances, and perquisite taxation.
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Madras High Court Rules Legitimate Tax Deductions Valid Despite No Revised Return
Madras HC rules that genuine trust assessment deductions cannot be denied simply because a revised tax return was not formally filed.
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ITAT Surat Approves Separate Land and Building Valuation in Composite Property Sales
ITAT Surat rules on composite property sales, accepting separate land and building valuations while permitting building WDV and brokerage deductions.
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Understanding Salary Income Provisions Under the Income Tax Act
Explore the key provisions relating to salary income, perquisites, and deductions under Sections 15 to 19 of the Income Tax Act.