CA Divyansh Kumar

Old Section 194A is now Sl. 5(ii) and 5(iii) under Section 393(1) of the 2025 Act. Bank FD interest has a higher threshold. Know when TDS applies on your deposits.

Old Section 194 is now Sl. No. 7 under Section 393(1) of the 2025 Act. Companies must deduct 10% TDS on every dividend before payment. Here is what you need to know.

Old Section 193 is now Sl. 5(i) of Section 393(1) under the 2025 Act. TDS at rates in force applies on debenture interest above Rs. 10,000. Government securities are largely exempt.

Old Section 192A is now Section 392(7) under the 2025 Act. TDS at 10% applies on EPF withdrawal above Rs. 50,000 if you leave before 5 years of service.

Old Section 192 is now Section 392(1) under the 2025 Act. Salary TDS uses the average rate method, not a fixed percentage. Here is exactly how it works.

The Income Tax Act 2025 renumbered all TDS sections but kept the substance identical. This guide maps every TDS provision, gives accurate rates (no 'rates in force' vagueness), and explains each with examples.

Agricultural income is fully exempt from income tax in India. But if you have both agricultural and other income, the partial integration rule can raise your tax on non-agricultural income. Here is how it works.

When you retire or change jobs, you receive gratuity, leave encashment, and PF proceeds. Each has different exemption rules under the Income Tax Act 2025. Get the exact amounts and conditions here.

Section 22 of the Income Tax Act 2025 replaces old Section 24(b). The rules are identical but the structure is cleaner. Know exactly how much interest you can deduct and when.

Standard deduction is a flat deduction from salary income. No bills, no investment, no paperwork. Your employer deducts it automatically.

HRA exemption is one of the most powerful salary-related tax benefits available to salaried employees. The exemption is calculated as the minimum of three specific amounts. Get the formula, conditions, examples, and compliance tips right here.

Section 123 of the Income Tax Act 2025 is the new avatar of the beloved 80C. It allows individuals and HUFs to claim deductions up to Rs. 1.5 lakh for a wide range of investments and payments. This article covers every qualifying item, key conditions, and practical tips.

Total income is not just what you earn. It is what remains after exemptions, deductions, and the correct application of each head of income. This article walks you through the complete step-by-step process of computing your total taxable income under the Income Tax Act 2025.

Every rupee you earn must be classified under one of five heads of income before it can be taxed. Understanding these heads determines your deductions, loss set-offs, and final tax liability. This guide covers all five heads clearly with practical examples.

Your residential status under the Income Tax Act 2025 decides which of your incomes India can tax. Get it wrong and you either overpay or under-report. This article explains all three categories, the day-count rules, and exactly how your tax liability changes with your status.