Under the Income Tax Act, 2025, the popular Section 80C deduction of up to ₹1.5 lakh for investments such as PPF, ELSS, insurance, NSC and home loan principal will move to Section 123, with eligible ...
Income Tax 2026 has changed how you save tax, with 80C, 80D and 80E missing in the new regime. But which option actually ...
Section 80C tax saving options explained, compare ELSS, PPF, NSC, life insurance and Sukanya Samriddhi to optimise deductions ...
A homebuyer from Goa faced two significant issues with the income tax department when his claim for a Section 80C tax deduction related to home loan repayment was denied and the home loan amount was ...
Under Sections 80C and 24(b), tax benefits on home loans are tied to actual repayment, mere co-ownership without financial ...
With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam ...
The tribunal found that STCG may have been counted twice, inflating taxable income. It directed verification and recomputation by the Assessing Officer. The ruling highlights correction of ...
The new tax regime is reinforced by the Income-tax Act, 2025 (ITA 2025), which goes into effect on April 1, 2026. It offers concessional tax rates with limitations on claiming certain deductions and ...