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.

What TP documents must you maintain? When must Form 48 be filed? What penalties apply if you fail? Complete guide to transfer pricing documentation and penalties under the Income Tax Act 2025.

Want certainty on your transfer pricing without the risk of a TP audit? Learn about India's safe harbour rates, APA procedure, and secondary adjustment rules under the Income Tax Act 2025.

How is the arm's length price computed in transfer pricing? Which method applies to your transaction? What does the Transfer Pricing Officer do? Complete guide under the Income Tax Act 2025.

What is transfer pricing? Who are associated enterprises under Indian law? Which transactions get covered? This plain-language guide explains it all under the Income Tax Act 2025.

Two group companies in different countries. One charges a ridiculously low price to shift profits. The tax department notices. This is transfer pricing in a nutshell. Read on to understand exactly how India regulates it, what documentation you need, and how to stay fully compliant under the new Income Tax Act 2025.

Non-resident taxation in India turns on one fundamental question: is your income earned in India or connected to India? The Income Tax Act 2025 defines who is a non-resident, what income gets taxed, at what rate, how TDS applies, and what relief is available under tax treaties. This guide explains the entire framework with section-by-section accuracy.

A complete guide to India's income tax authorities under the Income Tax Act 2025, ITR forms, due dates, types of assessment, faceless proceedings, and reassessment rules. Everything a taxpayer needs to know, explained plainly.

A tax audit under Section 63 of the Income Tax Act 2025 is mandatory for businesses crossing Rs. 1 crore in turnover (or Rs. 10 crore for businesses with under 5% cash transactions) and professionals above Rs. 50 lakh in gross receipts. Missing the 30th September deadline attracts a fee of up to Rs. 1,50,000.

The Income Tax Act 2025 prescribes significant penalties ranging from 50% to 200% of tax on under-reported income, and prosecution for wilful evasion. Understanding when these apply makes the difference between a correctable mistake and a criminal offence.

Faceless assessment removes direct human contact between taxpayers and tax officers. Every notice, query, and response goes through a central online system. Understanding how this system works is essential for every taxpayer facing scrutiny.

Form 26AS, AIS, and TIS are three documents that together show what the income tax department already knows about you. Using them before filing your ITR can save you from mismatches, notices, and penalties. Here is what each one covers and how to use them.

Filing your Income Tax Return on time protects you from interest, late fees, and loss of deductions. The Income Tax Act 2025 sets firm due dates: 31st July for most individuals and 31st October for audit cases. Missing these dates costs significantly more than just the filing fee.

Advance tax is the income tax you pay in instalments during the year, before the financial year ends. If your total tax liability is Rs. 10,000 or more after TDS credit, you must pay it in four instalments. Missing these deadlines triggers interest under Sections 424 and 425 of the Income Tax Act 2025.

Filing ITR for AY 2026-27? Form 26AS now shows only TDS and TCS. AIS is where all your income data lives. Here is a complete, step-by-step walkthrough of both, what to check, what to reconcile, and what to do if something is wrong.