ITR-1, ITR-2, ITR-3 or ITR-4: Which Income Tax Return Form Should Senior Citizens File for AY 2026-27?

by Jahnavi | Jun 1, 2026

Synopsis: Selecting the right ITR form depends on the sources of income, and is not determined by age. For the senior citizens filing Income Tax Return AY 2026-27, this article acts as a guide which breaks down which form applies, key eligibility criteria, and special...

ITR-2 Filing for AY 2026-27 Now Open: Who Must File and Key Mistakes Taxpayers Must Avoid

by Trade Brains | May 29, 2026

Synopsis: The Income Tax Department has enabled ITR-2 filing for AY 2026-27. Taxpayers with capital gains, foreign assets, multiple properties, or income beyond ITR-1 eligibility may need to file this form. Here’s what taxpayers should check before filing returns for...

How Can You Sell Property & Pay No Tax on Capital Gains? Here’s How One Investor Did It Legally

by Trade Brains | May 27, 2026

Synopsis: While it might seem almost impossible to save tax after a certain amount, especially when you have made significant long-term capital gains (LTCG). This article explains simple ways to legally pay zero income tax when selling a property, under both the old...

How TDS Works on Property Transactions Above ₹50 Lakh: Rules, Process & Penalties Explained

by Shreya Tiwari | May 26, 2026

Synopsis: Buying or selling property above ₹50 lakhs? You may want to learn about an important tax rule called TDS. In this article we will explore the whole process of TDS, so that you as a tax payer have no confusion while paying it. Buying a property in India is...

GIFT City vs Direct Global Investing: Which Option Saves More Tax for Resident Indian Investors?

by Jahnavi | May 25, 2026

Synopsis: The Indian investors who are seeking global diversification, at present have two options, one being direct overseas investing via the Liberalised Remittance Scheme (LRS) and other being investment through GIFT City’s International Financial Services...

Inheritance Tax in India: Are Bonds, Stocks & Mutual Funds Taxable for Nominees?

by Trade Brains | May 24, 2026

Synopsis: In India, there is no inheritance tax imposed on equity, mutual funds, or bonds. However, inherited investment may still attract taxation in other forms such as capital gain, interest earned, or redemption. Inheritance of securities like stocks, mutual...