On 31 July 2026, the Ministry of Housing and Urban Affairs (MoHUA) issued an advisory allowing State RERAs to grant a four-month Force Majeure extension to registered real-estate projects delayed by the West Asia situation. It applies to projects whose completion date falls on or after 28 February 2026 — but it is not automatic;
A RERA buyer complaint in Haryana is the fast, low-cost remedy that lets a home-buyer force a builder to refund money with interest or deliver possession, under the Real Estate (Regulation and Development) Act, 2016. This complete guide explains the builder’s duties (Sections 11-19), how to file a complaint under Section 31 before HARERA Gurugram
An e-way bill under GST is a mandatory electronic document for moving goods worth more than ₹50,000, generated on the e-way bill portal (ewaybillgst.gov.in) before transport begins. This complete 2026 guide explains when an e-way bill is required, Part A and Part B, how validity is calculated, the new 180-day and 360-day portal rules, exemptions,
Introduction The Income Tax Act, 2025 has replaced the decades-old Income Tax Act, 1961, bringing with it a renumbered and digitized set of compliance forms. One of the most significant changes for non-resident taxpayers and foreign companies earning income from India is the introduction of Form 41, which replaces the familiar Form 10F. Anyone earning
Each year the CBDT notifies categories of income tax returns selected for compulsory (mandatory) scrutiny – such as search or survey cases, specific information from other agencies, or recurring additions. This guide explains the compulsory scrutiny categories for FY 2026-27 and what taxpayers in those categories should expect. What is Income Tax Scrutiny? Scrutiny is
Surcharge is an additional charge on your income tax once your income crosses certain high thresholds – it’s a percentage of the tax, not of income. Marginal relief then ensures the extra tax from crossing a threshold doesn’t exceed the extra income, so your tax rises smoothly rather than jumping. Surcharge and Marginal Relief —
The most common mistakes while filing ITR include choosing the wrong ITR form, not matching your income with AIS and Form 26AS, missing interest or other income, picking the wrong tax regime, and forgetting to e-verify the return. Each of these can trigger a defective return notice or delay your refund. Introduction Filing an Income
When you receive salary arrears, gratuity or commuted pension in one year, it can push you into a higher tax bracket. Relief under Section 89 of the Income Tax Act eases this by recalculating tax as if the income belonged to the years it relates to. You claim it by filing Form 10E before your
For content creators, YouTubers and affiliate earners, income from ads, brand deals, sponsorships and affiliate links is usually treated as business or professional income, not salary. That means you file ITR-3 or ITR-4, can opt for presumptive taxation under Section 44ADA or 44AD, and can claim work expenses to reduce tax. The creator economy has
Income escaping assessment is the income-tax provision that lets the department reopen a completed assessment when it believes income chargeable to tax has escaped assessment. This guide explains how reassessment works – the notice under Section 148, the applicable time limits, and how a taxpayer should respond and file objections. Imagine you have filed your
The Central Board of Direct Taxes (CBDT) issues compulsory scrutiny guidelines each year that specify when an income tax return must be selected for complete scrutiny – such as cases involving search or survey action, or specific information about tax evasion. A scrutiny notice is issued under Section 143(2). The Central Board of Direct Taxes
The main consequences of missing the ITR due date are a late filing fee under Section 234F (up to Rs 5,000), interest under Section 234A on any unpaid tax, loss of the right to carry forward most losses, and delayed refunds. You can still file a belated return, usually up to 31 December of the
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