Why the current transition in tax law matters
Assessment Year 2026-27 and earlier years continue to be governed by the Income Tax Act, 1961, even though a new Income Tax Act, 2025 is now in force for later periods. Section numbers, due dates and forms differ between the two, and which one applies depends on the assessment year in question — not the date you happen to be filing.
We confirm the applicable provisions for your specific year before filing rather than relying on generic guidance, which is precisely the kind of detail that's easy to get wrong from a search result written for a different assessment year. This matters most for anyone with a notice, an appeal, or a filing that spans the transition — exactly the situations where a wrong assumption about which Act applies is costly.
Frequently asked questions
Do I have to hire a CA to file my income tax return?
No, self-filing is allowed. Professional help reduces the risk of errors, particularly once capital gains, multiple income sources or a notice are involved.
What if I miss my ITR due date?
A belated return can usually still be filed, subject to a late fee and interest on any unpaid tax, and with some loss of carry-forward benefits. The exact position depends on the assessment year and your circumstances.
I received an income tax notice. What should I do first?
Read the notice for its type and reply deadline before doing anything else — different notices need very different responses. Don't ignore it; a missed deadline narrows your options.
Can you help with TDS if I only have one or two employees?
Yes. TDS obligations on salary apply from the first employee whose income crosses the taxable threshold, regardless of how small the payroll is.
Do NRIs need to file an Indian income tax return?
An NRI needs to file if they have taxable income arising in India — rent, capital gains on Indian assets, or income from an Indian business, for example. The rules differ from those for a resident and are worth confirming for your specific situation.
What's the difference between the old and new tax regime?
The two regimes offer different slab rates and a different set of exemptions and deductions. Which works out better depends on your specific income and deduction profile, and the choice can generally be reviewed each year.