Rohan Mehta 
194C vs 194J explained: 1%/2% TDS on contractor payments, 10%/2% on professional and technical fees, Rs 50,000 threshold from April 2025, and the new Section 393 payment codes from April 2026.
HRA exemption = lowest of HRA received, rent minus 10% of salary, or 50%/40% of salary. Old regime only. Formula, worked example, rent-to-parents rules, PAN limit and the new 8-city list from FY 2026-27.
Rental income is taxed under Income from House Property. Learn the GAV to NAV calculation, 30% standard deduction, home-loan interest rules, loss set-off, TDS and old vs new regime differences.
LTCG at 12.5%, STCG at 20% on equity, and three legal ways to cut the tax on a property sale — Section 54, 54F and 54EC bonds. Rates, holding periods and worked examples for FY 2026-27.
Buying property from an NRI? The buyer must deduct TDS under Section 195 (now 393(2)) at 13%-14.95% on the full sale price. Learn the rates, Form 13 lower-TDS certificate, buyer compliance and how to claim a refund.
Banks deduct 10% TDS on FD interest above ₹50,000 a year (₹1,00,000 for senior citizens) under Section 194A, now Section 393. Here are the rates, limits, Form 121 and how to claim a refund.
TDS on salary has no fixed rate — your employer deducts tax at an average rate on your estimated yearly income. Section 192 is now Section 392 from 1 April 2026. Here is the formula, worked examples for Rs 12 lakh and Rs 15 lakh salaries, and how to cut your TDS.
The 87A rebate (now Section 156) brings your tax to zero on total income up to Rs 12 lakh in the new regime and Rs 5 lakh in the old regime. Who qualifies, what it does not cover, and worked examples.
New tax regime slabs for FY 2026-27 (AY 2027-28): 7 slab rates from nil to 30%, zero tax up to Rs 12 lakh (Rs 12.75 lakh for salaried) via the Section 156 rebate, worked calculations, and an old-vs-new decision guide.
If you pay rent above ₹50,000 in a month, you must deduct TDS. Businesses use Section 194-I (10% or 2%), salaried individuals use Section 194-IB (2%, once a year). New Section 393 under the Income-tax Act, 2025 explained.