Reading Time: 3 minutesDiscover how the ITAT ruling of 2025 shut down black money laundering through rural agricultural land using Section 56(2)(x). Get examples, tax insights, and real implications. 💡 What Was the Farmland Scam in India? For years, rural agricultural land was misused as a tool to convert black money into white without triggering taxes. Here’s how

Reading Time: 2 minutesLearn how black money was converted into white through rural agricultural land and how a 2025 ITAT ruling closed this loophole under Section 56(2)(x). Includes examples and practical impact. ❓ What Was the Farmland Black Money Loophole? For decades, many individuals used rural agricultural land purchases in India as a way to convert black money

Reading Time: 3 minutesLearn how dividend income is taxed in India post-2020. Includes slab-wise tax rates, TDS rules, deductions under Section 57, and a real case study for better tax planning. 🔎 What is Dividend Income? Dividend income is the return received by shareholders from a company’s profits. It is distributed in proportion to the number of shares

Reading Time: 3 minutesWondering how the Income Tax Department tracks your FDs, credit card spends, or property purchases? Learn how SFT, AIS, and AI are used to detect mismatches in your ITR in this expert 2025 guide. 📊 How Does the Income Tax Department Know About Your Money? If you’ve ever thought, “How does the Income Tax Department

Reading Time: 2 minutesReceived an income tax notice despite being salaried? Understand why, what it means, how to respond, and how to avoid them in the future. Updated 2025 guide by CA Bhavesh Panpaliya. 🧐 Why Did You Receive an Income Tax Notice? Even salaried employees who receive Form 16 and pay taxes regularly can get an income

Reading Time: 2 minutesMumbai ITAT confirms that flat owners receiving new flats during redevelopment are not taxed under Section 56(2)(x). Learn what this means for you, how it works, and tax planning strategies. 🧾 Redeveloped Flat = Not Income, Says Mumbai ITAT If you’re a flat owner in a building going for redevelopment, here’s good news:You will not

Reading Time: 2 minutesDiscover how commuting expenses like cab rides and metro fares are now tax-free under the Income Tax Bill, 2025. Learn eligibility, rules, employer duties, and tax benefits for employees. 🚖 Is Commuting to Work Now Tax-Free in India (2025)? Yes! Thanks to the Income Tax Bill, 2025, employer-paid commute expenses are now completely tax-exempt —