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![Deductions Under Income Tax: Computation Methods, Regime Comparison, and Procedural Changes in New Income Tax Act [Old vs New Income Tax]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113902-income-tax-act-taxscan.jfif "Deductions Under Income Tax: Computation Methods, Regime Comparison, and Procedural Changes in New Income Tax Act [Old vs New Income Tax]")
Deductions Under Income Tax: Computation Methods, Regime Comparison, and Procedural Changes in New Income Tax Act [Old vs New Income Tax]
The Indian income tax framework has undergone significant transformations, particularly with the introduction of an optional new tax regime,...
![Excess Addition u/s 56(2)(vii)(b) on Jointly Purchased Property: ITAT Restricts It to 50% and Partly Allows Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099244-excess-addition-jointly-purchased-property-itat-partly-appeal-taxscan.webp "Excess Addition u/s 56(2)(vii)(b) on Jointly Purchased Property: ITAT Restricts It to 50% and Partly Allows Appeal [Read Order]")
ITR-2 Offline Utility for AY 2025-26 Now Available: Taxpayers with Capital Gains, Crypto, and Foreign Assets Can File Returns Easily on New Platform
The ITR-2 Offline Utility for AY 2025-26 is now live, offering a smoother way for individuals and Hindu Undivided Families (HUFs) to file complex income tax returns-especially for those with...
