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Chartered Accountant Firm

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Income Tax on Freelancers Receiving Foreign Payments: FEMA, DTAA & the LRS Framework
Indian freelancers working for international clients face a unique intersection of income tax, FEMA compliance, and DTAA planning. Getting this wrong means double taxation, FEMA violations, and missed deduction opportunities. This guide covers the complete framework.
shubhamtulsian05
Jun 264 min read
GST on Real Estate in India 2026: Rates, ITC, Under-Construction vs Ready Properties
GST on real estate is one of the most complex and most searched topics in Indian indirect tax — different rates for under-construction vs ready properties, no ITC for buyers, builder ITC restrictions, and affordable housing exemptions all create a confusing landscape. This guide clears it all up.
shubhamtulsian05
Jun 263 min read
Income Tax on Business Income: Complete Guide to ITR-3 & ITR-4 Filing for FY 2025-26
Business owners and self-employed professionals have different ITR forms, more complex income computations, and greater audit risk than salaried employees. This guide covers everything — from choosing between ITR-3 and ITR-4 to computing business income and claiming legitimate deductions.
shubhamtulsian05
Jun 264 min read
Annual Information Statement (AIS) & Taxpayer Information Summary (TIS): The Tax Department Knows More Than You Think
The AIS and TIS on the income tax portal contain a staggering amount of information about your financial life — every bank transaction, property purchase, mutual fund transaction, and foreign remittance is logged. Understanding what's in there before filing your ITR is now essential.
shubhamtulsian05
Jun 264 min read
GST Annual Audit Under Section 35(5): Who Must Get It Done & What It Covers
GST audit under Section 35(5) requires certain businesses to have their accounts audited by a Chartered Accountant and submit a certified reconciliation statement. With GSTR-9C now being self-certified rather than CA-certified for many businesses, the requirements have changed. Here is the current position.
shubhamtulsian05
Jun 263 min read
Income Tax on Salary: How to Read Your Form 16 and File ITR Correctly in 2026
Form 16 is the most important document every salaried employee receives — yet most people hand it to their CA without understanding what it contains. This guide teaches you exactly how to read Form 16, verify it against your salary slips, and use it to file your ITR correctly.
shubhamtulsian05
Jun 264 min read
Cost Inflation Index (CII) History & Its Phase-Out: What Taxpayers Must Know
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.
shubhamtulsian05
Jun 194 min read
Section 87A Rebate Changes 2025-26: How the ₹12 Lakh Tax-Free Threshold Actually Works
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.
shubhamtulsian05
Jun 194 min read
Capital Gains Tax Changes Since Budget 2024: The Complete Updated Framework for 2026
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.
shubhamtulsian05
Jun 194 min read
TDS & TCS Rate Changes Under the New Income Tax Regime: What's Different in 2026
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.
shubhamtulsian05
Jun 194 min read
Income Tax Act 2025: Section Mapping Guide — Old vs New Section Numbers Compared
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.
shubhamtulsian05
Jun 193 min read
Transfer Pricing for SMEs and Startups Going Global: What Founders Must Know
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.
shubhamtulsian05
Jun 193 min read
Advance Pricing Agreement (APA) in India: Process, Benefits & Eligibility
A complete guide to Advance Pricing Agreements in India — unilateral, bilateral, and multilateral APAs, the application process, timelines, and key benefits for multinational businesses.
shubhamtulsian05
Jun 193 min read
Transfer Pricing Audit in India: Common Triggers and How to Prepare
Learn what triggers a transfer pricing audit in India, how the TPO assessment process works, and practical steps to prepare your business for scrutiny.
shubhamtulsian05
Jun 194 min read
Arm's Length Price under Transfer Pricing: Methods, Calculation & Case Studies
Understand how arm's length price is determined under Indian transfer pricing law — CUP, RPM, CPM, TNMM, and PSM explained with practical examples.
shubhamtulsian05
Jun 193 min read
Transfer Pricing Documentation Requirements in India: A Complete Compliance Guide
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.
shubhamtulsian05
Jun 193 min read
Vivad Se Vishwas & Tax Amnesty Schemes in India: How to Settle Old Tax Disputes
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.
shubhamtulsian05
Jun 174 min read
Faceless Assessment & Faceless Appeal Scheme in India: How Digital Tax Administration Actually Works
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.
shubhamtulsian05
Jun 174 min read
Arbitration vs Litigation for Business Disputes in India: Which Should You Choose?
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.
shubhamtulsian05
Jun 174 min read
Benami Transactions in India: What They Are, How They're Detected & The Severe Consequences
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.
shubhamtulsian05
Jun 175 min read
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