Guides
Plain-English explanations of Indian tax rules, written by a practising Chartered Accountant.
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Section 143(1) Intimation: What It Means and How to Respond
The most common income tax notice explained — what triggers it and how to act.
Section 139(9) Defective Return Notice: Fixing It Correctly
Why your return was marked defective, and the exact steps to correct and resubmit it.
Section 148 Reassessment Notice: Your First Five Steps
A calm, ordered checklist for the first 48 hours after a reassessment notice arrives.
Section 245 Refund Adjustment: When to Object
Your refund was adjusted against an old demand. Here is when to accept it, and when to fight it.
Capital Gains Tax on Property Sale in India (FY 2026-27)
How to compute capital gains on the sale of a house or land under the current rules.
LTCG on Equity and Mutual Funds After Budget 2024
The revised LTCG regime for listed shares and equity mutual funds, explained with examples.
Section 54 vs 54F vs 54EC: Choosing the Right Exemption
Three exemption routes, one decision — a side-by-side comparison to pick the right one.
Debt Mutual Fund Taxation Under Section 50AA
Why debt funds now lose indexation benefits, and what it means for your returns.
Old vs New Tax Regime: Which Is Better for FY 2026-27
A practical decision framework, with worked examples across income levels.
Automating GSTR-2B Reconciliation in Excel
A step-by-step approach to building a GSTR-2B vs purchase register reconciliation in Excel.