NRO vs NRE vs FCNR Accounts — NRI Banking & Tax Angle
Understand the difference between NRO, NRE and FCNR accounts for NRIs. Learn about taxation of interest, repatriation, currency, permitted transactions.
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Faceless Assessment Scheme — How to Respond to a Faceless Notice
Learn how to respond to a Faceless Assessment notice under Section 144B of the Income-tax Act. Understand e-Proceedings documents, response preparation, adjournment, hearing requests, and common.
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Forensic Audit Basics: When Companies Need a Fraud Investigation
Learn the basics of forensic audits, common fraud red flags, when companies need a fraud investigation, and how forensic auditors identify financial misconduct.
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TCS on Sale of Motor Vehicle above ₹10 lakh — Seller compliance
TCS on Sale of Motor Vehicle Above ₹10 Lakh: Complete Seller Compliance Guide for 2026 TCS on Sale of Motor Vehicle Above ₹10 Lakh – Rate, Applicability, Seller Compliance, Section 394, Form 143, Due Dates, PAN Rules, GST Treatment, Accounting Entries, Penalties and Practical Examples Last Updated: 11 August 2026 The sale of high-value motor…
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Repatriation of sale proceeds by NRI — limits, forms and tax
Learn NRI repatriation rules for sale proceeds in India, including the USD 1 million limit, property-specific conditions, Forms 145/146, tax, TDS and required documents.
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Depreciation as per Companies Act vs Income Tax Act – Reconciliation Guide 2026
Understand the difference between depreciation under the Companies Act and Income-tax law in 2026. Learn about useful life, tax depreciation rates, block of assets, 180-day rule, deferred tax.
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Faceless Assessment Scheme 2026 – Taxpayer Rights and Response Workflow
Understand the Faceless Assessment Scheme 2026, taxpayer rights, e-Proceedings workflow, response to notices, personal hearing, SCN and assessment order.
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Section 44AD presumptive taxation FY 2026-27 — turnover limit and opt-out rules
Section 44AD Presumptive Taxation (FY 2026–27): Turnover Limit aur Opt-Out Rules Introduction Section 44AD Income Tax Act ka ek presumptive taxation scheme hai jo chhote business owners ke liye banaya gaya hai. Is scheme ka main purpose compliance ko simple banana hai, jisse taxpayer ko detailed books maintain karne ki zarurat na pade. FY 2026–27…
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Revise your ITR for AY 2026-27 anytime up to 31 March 2027
Learn how to revise your ITR for AY 2026-27. Understand the due date of 31 Mar 27, eligibility, filing process, common mistakes, practices for revised return.
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ITR for a Section 8 Company — Which Form & Compliance
How a Section 8 company files income tax — ITR-7, why filing matters to keep the exemption, the Form 10B/10BB audit report, and overall compliance.