Section 10(10A) Exempts Commuted Pension. But Is Monthly Pension Taxable in Income Tax Return?
Understand India's 2026 pension tax rules: monthly pension is salary, commuted amounts have exemptions, and family pensions are…
Articles by & updated by Sai Sankar
Nris Face New TDS Auditability Problem as India Demands Proof for Every Tax Deduction
India's tax focus shifts to TDS auditability. Payers must now document legal reasoning for rates and sections to…
Income Tax Appeals After JCIT(A) or CIT(A) Move to ITAT, Then High Court on Law
Explore the Indian tax appeal hierarchy under the 2025 Act, from ITAT fact-finding to High Court legal questions…
Taxpayers Must Use Form 99 to Appeal Orders to JCIT(A) or CIT(A) Under Income-Tax Act, 2025
Income-tax Act 2025 mandates Form 99 for appeals. Taxpayers must choose between JCIT(A) and CIT(A) based on Sections…
IRS Proposes Rules on 1% Remittance-Transfer Tax for Mobile Workers Under Code Section 4475
The IRS proposed rules for a 1% remittance tax on cash-funded transfers abroad starting in 2026. Digital and…
U.S. Partnerships File Form 1065, Schedule K-1. Now Watch for Schedules K-2 and K-3
Understand Form 1065 and Schedule K-1 reporting for U.S. partnerships, including 2026 international tax requirements for foreign-linked entities.
Buy a New House in Joint Names? LTCG Exemption Still Possible on Capital Gains
Indian taxpayers can claim LTCG exemptions on joint property purchases if they funded the investment and met strict…
Nris and Immigrant Founders Face Complex Form 1065 Filing with Schedule K-1 for Multi-Member Llcs
Learn how U.S. partnership tax rules in 2026 affect LLCs, profit-sharing ventures, and international owners requiring Form 1065…
ITR Filing Checklist 2026: Gather PAN, Aadhaar, Form 16 for Assessment Year 2026-27
Prepare for India's ITR Filing 2026 by reconciling Form 16, AIS, and 26AS. Ensure PAN-Aadhaar linking and bank…