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The Cost Inflation Index, used to calculate indexed cost of acquisition for decades, has been quietly phased out for most assets after Budget 2024. But it isn't gone entirely — specific transitional cases still need it. This guide covers when CII still matters and how to use it correctly.

Budget 2025 raised the effective tax-free income threshold under the new regime to ₹12 lakh through an enhanced Section 87A rebate. But the mechanics are more nuanced than 'no tax up to ₹12 lakh' — marginal relief, the cliff effect, and what income types qualify all matter. Here's the precise breakdown.

Budget 2024 fundamentally restructured India's capital gains tax regime — uniform holding periods, removal of indexation for most assets, and new rates across asset classes. Many taxpayers are still applying outdated rules. Here is the complete, current framework.

TDS and TCS rates have undergone several rationalisation changes in recent Budgets — reduced rates, higher thresholds, and merger of overlapping provisions. If you're still applying old rates, you risk both under-deduction penalties and unnecessary over-deduction. Here's the complete updated picture.

When the Income Tax Act 2025 replaces the 1961 Act, every section number changes — Section 80C becomes a different clause number, Section 148 gets renumbered, and so on. This guide gives you the practical mapping framework so you're never lost between old and new references.

A founder-friendly guide to transfer pricing for startups and SMEs expanding internationally — when it applies, common mistakes, and how to stay compliant from day one.

A complete guide to Advance Pricing Agreements in India — unilateral, bilateral, and multilateral APAs, the application process, timelines, and key benefits for multinational businesses.

Learn what triggers a transfer pricing audit in India, how the TPO assessment process works, and practical steps to prepare your business for scrutiny.

Understand how arm's length price is determined under Indian transfer pricing law — CUP, RPM, CPM, TNMM, and PSM explained with practical examples.

A practical guide to transfer pricing documentation in India — Form 3CEB, Master File, CbCR, and the records every business with related-party transactions must maintain.

India has periodically offered amnesty schemes allowing taxpayers to settle long-pending tax disputes by paying a reduced amount, without further litigation. Understanding how these schemes have worked — and watching for the next one — can resolve years of pending litigation in months.

Since 2020, virtually all income tax scrutiny and appeals in India are conducted online — with no physical interaction between taxpayer and tax officer. This guide explains exactly how the Faceless Assessment and Faceless Appeal schemes work, and how to navigate them effectively.

When a business dispute arises — a contract breach, a partnership disagreement, or a vendor conflict — you often have a choice between arbitration and traditional court litigation. The right choice can save years of time and lakhs in legal costs. Here's how to decide.

Buying property in your spouse's name, holding shares through a trusted relative, or any arrangement where the real owner and the registered owner differ can constitute a Benami transaction — with confiscation of the property and up to 7 years imprisonment as the consequence.

Exporters and businesses with inverted duty structures are entitled to GST refunds — but the process is riddled with documentation requirements, time limits, and deficiency memos that delay or deny legitimate claims. This guide covers the complete refund process and how to avoid rejection.

Amazon: Global Taxes and Advertising/Marketing (Facts & Sources) This post summarizes how Amazon reports taxes and advertising/marketing in its public financial filings. It focuses on what is disclosed in official reports and how the figures are presented. 1) Global taxes (what Amazon reports) In Amazon’s consolidated financial statements, tax-related information is reported in multiple places, including the consolidated statements and the notes. Income tax expense (benefit):

PGT & Associates - CA in Ahmedabad is inviting applications for CA Articleship for students who are passing CA Intermediate in May. Openings 5 openings Stipend Variable (based on profile and interview) Office location 308-309, Sahajanand Palace, 100 Feet Anand Nagar Rd, Ahmedabad, Gujarat 380015, India How to apply Email your resume with subject ‘Articleship - CA Inter May’ to: pgtulsian@gmail.com

Income Tax Update: What businesses and individuals should watch This post highlights practical points to review in your income tax compliance and planning. For advice tailored to your situation, please reach out to PGT & Associates - CA in Ahmedabad. Quick checklist Review TDS/TCS applicability and rates for your transactions. Re-check advance tax estimates and payment schedule. Ensure documentation for deductions/exemptions is complete and consistent. Validate return filing

The Income Tax Rules 2026 usher in a new era for India\'s tax administration, not just for individual taxpayers but also for businesses and Non-Resident Indians (NRIs).

Since 2020, almost all income tax scrutiny and appeals in India are conducted entirely online — no physical meeting with the Assessing Officer or Commissioner. This faceless system has changed how taxpayers must prepare and respond. Here is exactly how it works.