KNOWLEDGE HUB
“Haryana Electronics System Design & Manufacturing (ESDM) Policy: Driving Innovation, Investment and Industrial Growth”
The Government of Haryana has adopted a proactive approach to developing a vibrant Electronics System Design & Manufacturing ecosystem through successive policy initiatives. Building on the foundations of the IT & ESDM Policy, 2017, and the Haryana ESDM...
Profits and Gains of Business or Profession under the Income-tax Act, 2025
A Comprehensive Legal & Practical Analysis Tax Law Series | June 2025 Abstract The Income-tax Act, 2025 (hereinafter "the Act") consolidates and modernises India's direct tax framework, replacing the Income-tax Act, 1961 after more than six decades of incremental...
Income from House Property under the Income-tax Act, 2025: A Comprehensive Guide to Taxation of Real Estate Income
Introduction The enactment of the Income-tax Act, 2025, marks a significant milestone in India's direct tax administration. Designed to simplify compliance, improve readability, and eliminate decades of legislative complexity, the new law reorganizes and streamlines...
Capital Gains Taxation under the Income Tax Act, 2025: A Comprehensive Analysis (Tax Year 2026–27)
The enactment of the Income Tax Act, 2025 marks the most critical structural reorganization of India’s direct tax ecosystem since 1961. Designed to remove structural redundancies, the new Act condenses the nation's direct tax provisions into a cleaner framework of 536...
Wages, Compensation & the Law: A Comprehensive Analysis of Salary Taxation Under the Income Tax Act, 2025
Statutory Framework • Judicial Interpretations • Tax Planning Implications The legislative overhaul of India’s direct tax landscape marks a historic shift with the complete replacement of the archaic Income Tax Act, 1961 by the freshly enacted Income Tax...
Empanelment with Indian Overseas Bank for Concurrent Audit 2026-27
INDIAN OVERSEAS BANK (A Government of India Undertaking) Central Office: 763, Anna Salai, Chennai – 600 002 APPLICATION FOR EMPANELMENT OF CONCURRENT AUDITORS For the Financial Year 2026-27 AUDIT PERIOD 01.07.2026 to ...
Income from Other Sources: Taxation Framework under the Income Tax Act, 2025
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...
Capital Gains Taxation under the Income Tax Act, 1961: A Comprehensive Analysis of Sections 45 to 55A
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 transfer of a...
Profits and Gains of Business or Profession (Sections 28–44DB) under the Income Tax Law
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,...
Income from House Property under the Income Tax Act, 1961: A Comprehensive Analysis of Sections 22–27 & Section 71B
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...