by Jagdeep Garhwal | Jun 1, 2026 | Income Tax
A Comprehensive Analysis under the Income Tax Act, 2025 Sections 56–59 | Indian Income Tax Law Introduction The Income Tax Act, 2025 classifies taxable income into various heads to ensure systematic assessment and taxation of different sources of earnings. While...
by Jagdeep Garhwal | May 30, 2026 | Income Tax
Covering Sections 45–55A of the Income Tax Act, 1961 Assessment Year 2025–26 1. Introduction to Capital Gains Capital gains constitute one of the five heads of income under the Income Tax Act, 1961 (‘the Act’). Any profit or gain arising from the...
by Jagdeep Garhwal | May 29, 2026 | Income Tax
Introduction The head “Profits and Gains of Business or Profession” (PGBP) constitutes one of the most significant heads of income under the Income-tax Act, 1961. Sections 28 to 44DB comprehensively govern the taxation of income arising from business activities,...
by Jagdeep Garhwal | May 28, 2026 | Income Tax
Your Roof, Your Tax — Decoded. House Property Income Deductions & Computation Special Cases & Examples House property is one of the five heads of income under the Income Tax Act, 1961. Understanding how rental income — and even deemed...
by Jagdeep Garhwal | May 27, 2026 | General
Statutory Framework • Judicial Interpretations • Tax Planning Implications ABSTRACT This paper provides a rigorous examination of the taxation of salary income under the Income Tax Act, 1961. It explores the statutory definition of ‘salary’, the...
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