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...

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...

  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...

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...

  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...

  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,...

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...