Confused about which income tax return form to file? A plain-English guide to ITR-1 (Sahaj) through ITR-7 — with the new AY 2026-27 rules, disqualifiers, 10 real-life situations and FAQs.
Buying property worth Rs 50 lakh or more? The buyer must deduct 1% TDS under Section 194-IA, file Form 26QB within 30 days and issue Form 16B. Full rules with worked examples.
Salaried employees and pensioners get Rs 75,000 off taxable salary in the new regime and Rs 50,000 in the old regime for FY 2026-27 — automatically, with no proof. Who can claim, zero-tax math, worked examples.
PPF gives full EEE tax benefits in 2026: Rs 1.5 lakh 80C (Section 123) deduction, 7.1% tax-free interest and tax-free maturity. Rules, loan, withdrawal and comparison with FD.
Got a Section 148 reassessment notice? The 148A show-cause must come first, and time limits are 3 years 3 months (under ₹50 lakh) or 5 years 3 months. How to reply, step by step.
Savings-account interest up to ₹10,000 is deductible under 80TTA — now merged into Section 153 of the Income-tax Act, 2025. Who can claim it, what qualifies, and why it vanishes in the new regime.
NPS gives up to ₹2 lakh deduction in the old regime — ₹1.5 lakh within the 80C ceiling plus an extra ₹50,000 under 80CCD(1B). Employer contributions add more. Here’s how 80CCD works in 2026.
E-invoicing is mandatory once your PAN-level turnover crosses ₹5 crore in any year since 2017-18. Learn the IRP/IRN/QR process, who is exempt, and the 24-hour cancellation and 30-day reporting rules.
ITR filing dates for AY 2026-27: 31 July and 31 August deadlines have passed. Audit-case ITR is extended to 21 November 2026 and belated returns are open till 31 December — the full deadline calendar, late fees and what to do if you missed yours.
Senior citizens get higher exemption limits (Rs 3 lakh / Rs 5 lakh in the old regime), Rs 1 lakh 80TTB deduction, Rs 50,000 80D deduction, no advance tax, and zero tax up to Rs 12 lakh in the new regime. Full 2026 guide.