A guide to Chapter III (Sections 11 and 12) of the Income-tax Act, 2025, covering income that is fully exempt from tax under Schedules II to VIII, including agricultural income, life insurance proceeds, HUF receipts, MP and MLA allowances, gallantry award pensions, and exemptions for political parties and electoral trusts.

A guide to set off and carry forward of losses under Chapter VII (Sections 108 to 121) of the Income-tax Act, 2025. Covers house property loss, business loss, capital loss, speculation loss, the eight-year carry forward limit, and what happens if you file your return late.

30% flat tax, 1% TDS, no loss set-off, Section 509 reporting penalties from April 2026, Schedule VDA in ITR, gifting rules, staking, NFTs, and OECD CARF. Every crypto tax rule explained simply with examples under the Income Tax Act 2025.

A complete guide to filing your Income Tax Return for Assessment Year 2026-27 (FY 2025-26). Covers all ITR form changes, due dates, new tax slabs, Section 87A rebate, two-house-property in ITR-1, capital gains reporting, new ITR-4 disclosures, ITR-U extension to 48 months, and the crucial ITA 2025 vs ITA 1961 confusion. Current as of June 2026.

A guide to the General Anti-Avoidance Rule under Chapter XI of the Income-tax Act, 2025. Covers what an impermissible avoidance arrangement is, the four tests under Section 179, the Rs 3 crore threshold under Rule 128, the Approving Panel process under Section 274, and real world style examples.

Know when a non-resident must file an ITR in India under the Income Tax Act 2025, which form to use, statutory exemptions from filing, NRO and NRE account tax treatment, and foreign asset reporting obligations.

Learn what constitutes a Permanent Establishment under Section 173(c) of the Income Tax Act 2025, how PE affects non-resident taxation, banking PE rules under Section 9(5)(b), and the fund manager exception under Section 9(12).

Understand who is a representative assessee and agent of a non-resident under Sections 304 and 306 of the Income Tax Act 2025, their liability, and the broker protection under Section 306(2).

Understand how Double Taxation Avoidance Agreements work under Section 159 of the Income Tax Act 2025, how to claim DTAA benefits using Form No. 41, and how GAAR overrides treaty protection.

Complete guide to NRI special tax provisions under Sections 212 to 217 of the Income Tax Act 2025. Covers investment income rates, capital gains rollover exemption, ITR exemption, and opt-out option.

Learn how TDS on non-resident payments works under Section 393(2) of the Income Tax Act 2025 (equivalent to Section 195 of the 1961 Act), lower deduction certificates, and asset recovery provisions.

Know the exact tax rates for non-residents, NRIs, FIIs, offshore funds, and sportsmen under Sections 207 to 217 of the Income Tax Act 2025 with corresponding 1961 Act references.

Section 9 of the Income Tax Act 2025 deems certain incomes to arise in India even when paid abroad. Learn about business connection, SEP, indirect transfer, royalty, FTS, and interest with clear examples.

Learn what income is taxable for non-residents in India under Section 5 of the Income Tax Act 2025. Understand the difference in scope between residents, RNOR, and non-residents with clear examples.

Understand how residential status is determined under Section 6 of the Income Tax Act 2025. Learn who is a resident, RNOR, and non-resident with real examples and 1961 Act references.