Masterclass - New Income Tax Law

11 lessons5h 18mTamil + English

About this course

For years, your professional muscle memory has been hardwired to the Income-tax Act, 1961, the 1962 Rules, and their legacy forms. It's time to rewire now. This masterclass will help you rewire your technical approach and seamlessly transition your expertise to the brand-new Income-tax Act, 2025 and Income-tax Rules, 2026.

Secure your competitive edge. Enroll the course and start mastering the new income tax law. Content will be updated on regular basis.

Course curriculum

01

Introduction to the new income tax law

Through this you will understand the following:1. Objective behind the transition2. Continuity and Transition of Act 19613. Simplification & Modernisation in Act 2025

28:02
02

Preliminary

Section 1 to 3 of Act 1961 remains 1 to 3 in Act 2025. Learn couple of noteworthy changes:1. Previous Year is now Tax Year. Assessment Year is no more relevant.2. Proviso under charitable purpose is now moved to Chapter XVII-B

9:17
03

Basis of Charge

Chapter II – Basis of Charge serves as a comprehensive guide to the fundamental charging provisions. Some interesting changes in this chapter:1. Structural Transitions2. Expansion of the Charging Section3. Refinement of POEM definition4. Rephrasing transfer of capital asset5. Consistency in reasonable attribution in SEP6. Removing ambiguity in exports7. Royalty now includes grant8. Buyback of shares is no more dividend

33:59
01

Exempt Income

Income that are not included in total income is completely revamped. Learn more about it in this chapter.1. Section 10 is filtered, structured and organised into schedules2. Salary related exemptions is now deductions in Salary2. SEZ exemption moved to deduction in Chapter VIII3. Trust related provisions are moved to Chapter XVII-B4. Various exemptions introduced through amendments

43:13
02

Heads of Income

Section 14 of Act 1961 introduces heads of income, now it is Section 13 of Act 2025.Section 14A read with Rule 8D is now Section 14 read with Rule 14. Powers of AO in Section 14 and computation model in Rule 14.

4:20
03

Salary

Learn structural transition and noteworthy changes in Salary chapter

39:08
04

House Property

Learn structural transition and noteworthy changes in house property

9:08
05

Profits and Gains from Business or Profession

A detailed understanding of the structural transition, noteworthy changes and amendments in this transition of PGBP from Act 1961 to Act 2025

1:35:32
06

Capital Gain

A detailed understanding of the structural transition, noteworthy changes and amendments in FA 2026 on Capital Gains

54:23
M

Your Instructor

CA C. Muthu Palaniappan

Chartered Accountant with over 10 years of experience simplifying Income Tax for students, professionals, and salaried individuals across India.

CAIncome Tax Expert

₹1,000

Lifetime access

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