Deepak Jain

Capital gains exemptions on property sale under the Income-tax Act, 2025: Section 82 (was §54) reinvest in residential house; Section 85 (was §54EC) Rs 50L bonds; Section 86 (was §54F) net-consideration in residential house. Time windows, Rs 10 crore caps, CGAS deposit rule, and worked examples.

Complete HUF taxation guide under the Income-tax Act, 2025: formation, Section 202 new-regime slabs, the Section 156 rebate that HUFs do NOT get, Section 99 clubbing traps for converted property, Section 92 gift rules, Schedule III member-receipt exemption, and Section 315 partition mechanics.

Form 125 under the Income-tax Act, 2025 replaces Form 12BBA. Resident senior citizens 75+ with only pension and interest from the same specified bank can skip ITR — the bank computes income, applies the Section 87A rebate, and deducts TDS under Section 393(1) Sl. No. 8(iii).

Life insurance maturity proceeds are tax-free under Section 10(10D) only if the premium does not exceed specified limits. Know the rules.

Claim up to Rs 1 lakh under Section 80D for health insurance premiums and medical expenses — know the limits and eligibility.

Claim up to Rs 1.5 lakh deduction under Section 80C with PPF, ELSS, NSC, FD, EPF and more. Full eligible investments list.