Tag Archives: Tax Planning

List of Deductions Allowed in New Tax Regime in AY 2025-26 and AY 2026-27

By | February 18, 2025

List of Deductions Allowed in New Tax Regime in Section 115BAC of Income Tax Act There are certain Deductions Allowed in New Tax Regime in FY 2024-25 (AY 2025-26) and FY 2025-26 (AY 2026-27) Comparison of exemption/deductions available under the old tax regime and new tax regime of Section 115BAC Here’s the updated table incorporating… Read More »

New Cash Transaction Limits Under the Income Tax Act 2025

By | February 16, 2025

Cash Transaction Limits Under the Income Tax Bill 2025 The Income Tax Bill 2025 introduces significant changes to cash transaction limits in India. This video provides a comprehensive overview of the new rules, covering: Restrictions on cash receipts (₹2 lakh limit) Limits on cash expenses for businesses (₹10,000/₹35,000) Rules for accepting and repaying loans in… Read More »

Tax Audit Limits and Time Limits in New Income ax Act 2025

By | February 15, 2025

Tax Audit and Time Limits for completing a tax audit in New Income tax Act 2025 Tax Audit in New Income Tax Act 2025 : The Income-tax Bill, 2025 outlines specific time limits for completing a tax audit, which are connected to the financial year. The concept of a “tax year” is introduced in the new… Read More »

New Income Tax Act 2025: update : Tabled In parliament on 13th Feb 2025

By | February 8, 2025

New Income Tax Act 2025: update New Income Tax Bill 2025 : Tabled In parliament on 13th Feb 2025 New TDS and TCS Rules from 1st April 2025 New Section 194T Income Tax Act from 01.04.2025 : TDS on Payments to Partners Clubbing of Income under the Indian Income Tax Act 1961 ITR Filing 2025… Read More »

NEW TAX REGIME में LOSS नहीं मिलेगा I INCOME TAX Update AY 2024-25

By | March 10, 2024

NEW TAX REGIME में LOSS नहीं मिलेगा I INCOME TAX Update AY 2024-25 SHARE TRADING I PROPERTY SALE