Can F&O loss be set off against capital gains
Can F&O loss be set off against capital gains? Question: Whether loss incurred from trading in futures and options (F&O)…
Income Tax
Income Tax
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Non-deposit in Capital Gains Account Scheme Not Fatal to Section 54 Exemption: ITAT Chennai
Non-deposit in Capital Gains Account Scheme Not Fatal to Section 54 Exemption: ITAT Chennai Krishnamoorthy Vijayaraghavan v. Income Tax Officer…
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025:
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025: 1. Introduction: The Income Tax Act, 2025 has…
ITR Portal Update: Track When I-T Officials Review Your Tax Notice Submissions!
ITR Portal Update: Track When I-T Officials Review Your Tax Notice Submissions! The Income Tax Department now shows when officials…
NITI Aayog has proposed major reforms in the Income Tax Act, 2025 to make tax administration fairer and less coercive.
NITI Aayog has proposed major reforms in the Income Tax Act, 2025 to make tax administration fairer and less coercive….
Invitation for Guest Bloggers & Authors!
Invitation for Guest Bloggers & Authors! We are inviting passionate bloggers, writers, and industry experts to contribute insightful and engaging…
Section 44ABAA (inserted by Finance Act 2024, w.e.f. AY 2025-26) regarding compulsory Tax Audit in certain cases even if Turnover is below INR 1 Crore
Section 44ABAA (inserted by Finance Act 2024, w.e.f. AY 2025-26) regarding compulsory Tax Audit in certain cases even if Turnover…
Important Due Dates for Companies in September/ October 2025
Important Due Dates for Companies – Annual General Meeting (AGM): September 30, 2025 (Audited financials and Auditor’s Report must be…
Tracking hidden info: Income tax to change tack.
Tracking hidden info: Income tax to change tack. The CBDT has come out with detailed guidelines to deal with hidden…
Missed the ITR (Income Tax Returns) Filing Deadline (16th Sept 2025)?
Missed the ITR (Income Tax Returns) Filing Deadline (16th Sept 2025)? Don’t worry — here’s what you need to know…