Ravi Kumar Shah Decoding the New Income Tax Act, 2025 – What It Means for You 1. Why a New Income Tax Act? The old 1961 Act had: 800+ sections spread across 47 chapters Outdated terms like “Previous Year” and “Assessment Year” Thousands of amendments over the decades, making it... 02-Sept-2025
Ravi Kumar Shah How NRI Taxation Works in India: Residential Status, DTAA & More (FY 2025-26) 🌏 Who is an NRI as per Indian Tax Laws? In India, your tax liability is based on residential status , not just citizenship. An NRI (Non-Resident Indian) is defined as someone who is Indian Citizen but... 03-Aug-2025
Ravi Kumar Shah Complete Guide to Major TDS Sections (FY 2025–26) 🔹 What is TDS? TDS (Tax Deducted at Source) is a method where tax is deducted by the payer (deductor) at the time of making specified payments like salary, interest, rent, etc., and is deposited with ... 30-Jul-2025
Ravi Kumar Shah 🧾 Is ITR Filing Mandatory for You? Here's When You MUST File Your Return [AY 2025–26] 📣 Why This Blog? Many individuals skip filing their Income Tax Return (ITR) thinking it’s only for those earning above ₹2.5 lakhs. ❌ But did you know that even if your income is below taxable limits ,... 22-Jul-2025
Ravi Kumar Shah Tax Audit under Income Tax Act, 1961 🧾 Tax Audit under Income Tax Act, 1961 Tax Audit is a mandatory legal requirement for certain categories of taxpayers in India under the Income Tax Act, 1961. It ensures transparency and accuracy in i... 15-Jul-2025
Ravi Kumar Shah Can You File Your Own ITR Without a CA? Pros, Cons & Tax Audit Implications [2025] ✅ Introduction Every year as the ITR filing deadline approaches, many individuals—especially salaried taxpayers and freelancers—ask: "Can I file my Income Tax Return (ITR) without hiring a Chartered A... ITR ITR without a CA Income Tax Return 05-Jul-2025
Ravi Kumar Shah Digital Signature (DSC) Registration & Renewal Process [2025 Guide] 🔐 What Is a Digital Signature Certificate (DSC)? A Digital Signature Certificate (DSC) is an electronic form of a signature that authenticates identity for online documents, forms, and portals. It is ... DSC Digital Signature 03-Jul-2025
Ravi Kumar Shah New Tax Regime vs Old Regime – Which One Should You Choose in 2025? 📌 Introduction Choosing between the New Tax Regime and the Old Tax Regime is a vital decision for taxpayers in FY 2024–25. The July 2024 Budget made the New Regime more attractive by: Expanding tax sl... 11-Jun-2025
Ravi Kumar Shah How to Claim TDS Refund in Your ITR (FY 2024-25) 📌 Introduction Many taxpayers, especially salaried individuals, senior citizens, and freelancers, often end up paying more tax than necessary through TDS (Tax Deducted at Source). The good news? If yo... 06-Jun-2025
Ravi Kumar Shah How to File ITR When You Have Income from Crypto, Stocks & Mutual Funds How to File ITR When You Have Income from Crypto, Stocks & Mutual Funds With more individuals investing in digital assets and financial markets, tax filing has become more complex. If you're wondering... 04-Jun-2025
Ravi Kumar Shah Tax Treatment of Winnings from Online Games Like Dream11 (Cash & Car) – IPL 2025 Final Special 🏏 Introduction: Dream11 Winnings on IPL 2025 Final –Celebration or Taxation? As the nation celebrates the IPL 2025 Final , many cricket fans also celebrate their Dream11 or online fantasy game winning... 04-Jun-2025
Ravi Kumar Shah Which ITR Form Should You File? ITR-1 to ITR-7 Explained [2025] 🔹 What is an ITR Form? An ITR (Income Tax Return) form is a document used to file your income tax with the Income Tax Department of India. There are different ITR forms for different types of taxpayer... 02-Jun-2025