What Happens if You Don’t File Your Income Tax Return (ITR)

What Happens if You Don’t File Your Income Tax Return (ITR)? Filing your Income Tax Return (ITR) within the due date is mandatory for eligible taxpayers. Failure to file your…

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Short-Term Capital Gains Tax on Property – Rates, Calculation and Exemptions

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  • Post published:17/05/2026
  • Post category:CA updates
  • Post last modified:10/06/2026
  • Reading time:7 mins read

Capital gain refers to the profit earned from transferring a capital asset. Capital assets include both movable and immovable properties such as land, buildings, and residential houses. Any profit arising…

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Form 10F to Form 41: India’s New Income Tax DTAA Compliance Era Explained

India’s international taxation framework is changing rapidly, especially for non-residents, multinational businesses, and taxpayers claiming treaty benefits. With the shift from Form 10F to Form 41, the government is moving…

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NRI Fund Repatriation: Important Financial Provisions Explained

Although Non-Resident Indians (NRIs) live abroad, many continue to maintain strong financial ties with India. These connections often involve family responsibilities, inherited properties, rental income, investments, or long-term financial planning.…

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