Income Tax Notice 143(2) (2026): Scrutiny Meaning, Reply Deadline & How to Respond Online
Got a 143(2) scrutiny notice? Meaning, reply deadline, documents needed, and the step-by-step online reply on the e-Proceedings portal.
Income Tax, GST & Finance Guides for India
LTA Exemption (2026): Leave Travel Allowance Rules, Block Years, Bills & New Regime
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 (2026): ₹75,000 New Regime, ₹50,000 Old Regime & Rules
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.
Income Tax Notice 142(1) (2026): Meaning, Reply Deadline & How to Respond Online
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 (2026): Rs 20 Lakh Limit, Formula & Rules
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 (Now Form 124): Investment Declaration to Your Employer for Correct Salary TDS (2026)
Form 12BB is now Form 124. What salaried employees declare to their employer, when proofs are due, and what happens if you skip it.
Clubbing of Income in India (2026): Spouse, Minor Child, HUF Rules & Section 99 Explained
Clubbing of income explained: how spouse, minor child and HUF income is added to your return, the Rs 1,500 exemption, and Section 99 rules in 2026.
GSTR-1 vs GSTR-3B: Difference, Due Dates and How They Work Together (2026)
GSTR-1 lists what you sold; GSTR-3B is where you pay net GST. Due dates, filing order, QRMP dates and mismatch notices explained in simple words.
REIT and InvIT Taxation in India (2026): Interest, Dividend, Rent, Debt Repayment & Capital Gains Explained
REIT and InvIT payouts are split into interest, dividend, rent and debt repayment, and each part is taxed differently. This guide explains the slab-rate parts, the April 2026 dividend exemption, TDS and capital gains on selling units.
ESOP and RSU Taxation in India (2026): Two-Stage Tax, Perquisite Rules & Foreign RSU Disclosure
ESOP taxation India explained: perquisite at exercise, RSU tax at vesting, capital gains at sale, startup deferral and Schedule FA for foreign RSUs.