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Law update: The Income-tax Act, 2025 replaced the Income-tax Act, 1961 on 1 April 2026 and now governs Tax Year 2026-27 onward — "Tax Year" replaces the old "Previous Year / Assessment Year" split, and most section numbers have changed. The answers below still use the familiar 1961 Act section numbers, as the underlying rules are largely unchanged; ask us for the current section reference before relying on any citation for a 2026-27 filing.
Topics
📈Capital Gains
📄Income Tax Return
📋Form 16
💼TDS
💰Salary Income
🏠House Property
👴Senior Citizens
🔍Tax Audit
Frequently Asked Questions
Capital Gains
Everything you need to know about taxation on the sale of capital assets in India.
Disclaimer: The information here is for general guidance only. It reflects the Income-tax Act, 1961 framework that most current compliance still runs on, alongside the Income-tax Act, 2025, which took over from 1 April 2026 for Tax Year 2026-27 onward with reorganised section numbers. Tax laws change with every Finance Act, and individual situations vary. For advice tailored to your specific case, please consult N D Savla & Associates directly.
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