News

The Income Tax Act 2025 introduces clearer rules, digital evidence access during raids, and a simplified, tech-ready tax system launching by February 2026.

Income Tax Act 2025: New Digital Powers and Simpler Rules, Digital-First Rollout by Feb 2026

Notifications

In Budget 2025, the government had notified that from April 1, 2025, 87A rebate will not be applicable to the income taxed at special rates, including LTCG and STCG.

Section 87A Rebate Can be Claimed on Both LTCG and STCG for up to AY 2024-25: ITAT

Articles

Learn how to correctly report and carry forward losses from Crypto Futures &amp; Options (F&amp;O) trading under Indian income tax laws.

Crypto F&amp;O Losses: How to Report Crypto F&amp;O Losses in Your Income Tax Return (ITR)?

Crypto F&O Losses: How to Report Crypto F&O Losses in Your Income Tax Return (ITR)?

CBDT is modifying tax procedures under the new Income Tax Act with simplified forms, clearer guidelines, and user-friendly systems to take effect from April 2026.

CBDT to Unveil Simplified Tax Forms and Rules Under New Income Tax Act

Form 10-IEA, mandatory income tax form for individuals with business or professional income who wish to opt for or switch back to the Old Tax Regime from the default New Tax Regime.

Switching Tax Regimes? Here's Why Form 10-IEA is Crucial for You

Judgement

The Gujarat AAAR ruled that ITC is not available on inputs and services used for constructing a VCV tower under Section 17(5) of the CGST Act.

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Income Tax Act 2025: New Digital Powers and Simpler Rules, Digital-First Rollout by Feb 2026

Section 87A Rebate Can be Claimed on Both LTCG and STCG for up to AY 2024-25: ITAT

Crypto F&O Losses: How to Report Crypto F&O Losses in Your Income Tax Return (ITR)?

CBDT to Unveil Simplified Tax Forms and Rules Under New Income Tax Act

Switching Tax Regimes? Here's Why Form 10-IEA is Crucial for You

ITC Denied on Construction of VCV Tower for EHV Cable Manufacturing: Gujarat AAAR Ruling