Interest under Sections 234A, 234B and 234C is 1% per month on unpaid tax. Learn the 90% advance-tax rule, the instalment schedule, the 12%/36% safe harbour, and worked examples.
Section 87A rebate: pay zero tax up to Rs 12 lakh taxable income in the new regime. Limits, marginal relief, capital gains rules and how to claim.
Section 89A lets returning Indians defer tax on 401(k), IRA, UK pension and RRSP growth until withdrawal. Learn who qualifies, Form 10-EE steps, notified countries and the new Section 158 / Form 40 rules.
Section 44AE lets transporters declare a fixed income per vehicle instead of keeping books — ₹7,500 a month, or ₹1,000 per ton for heavy vehicles. Rates, the 10-vehicle limit, ITR-4 and the new Section 58 explained.
Got a 143(2) scrutiny notice? Meaning, reply deadline, documents needed, and the step-by-step online reply on the e-Proceedings portal.
LTA exemption makes your employer’s leave-travel fare tax-free — but only the fare, only in India, and only under the old regime. Rules, the 2026–2029 block, fare caps, family rules and documents, explained simply.
Standard deduction on salary is ₹75,000 in the new regime and ₹50,000 in the old regime. No bills, no proof — one flat deduction per person per year.
Got a notice under Section 142(1)? Learn what it means, how long you get to reply, how to respond on e-Proceedings, and what happens if you ignore it.
Gratuity tax exemption explained: Rs 20 lakh lifetime limit for private employees, full exemption for government staff, 15/26 formula, worked examples, and both-regime treatment.
Form 12BB is now Form 124. What salaried employees declare to their employer, when proofs are due, and what happens if you skip it.