Masterclass - New Income Tax Law

3 lessons1h 12mTamil + 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.

Course curriculum

01

Introduction to the new income tax law

Through this you will understand the following: 1. Objective behind the transition 2. Continuity and Transition of Act 1961 3. Simplification & Modernisation in Act 2025

28:02
02

Chapter I - 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

Chapter II - 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 Transitions 2. Expansion of the Charging Section 3. Refinement of POEM definition 4. Rephrasing transfer of capital asset 5. Consistency in reasonable attribution in SEP 6. Removing ambiguity in exports 7. Royalty now includes grant 8. Buyback of shares is no more dividend

33:59
M

Your Instructor

Muthu Palaniappan CA

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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