Tax

Tax — CA Guides & Articles

Statute-cited articles on tax from Harun Raaj & Associates — chartered accountants.

2 articles — updated weekly

Undisclosed Assets: The 78% Tax Trap for Cash, Gold & Investments (AY 2026-27)

For AY 2026-27, unexplained cash, gold or investments are taxed at 60% under section 115BBE of the Income-tax Act, 1961; with the 25% surcharge and 4% cess that is 78%. From tax year 2026-27, section 195 of the Income-tax Act, 2025 applies at a 30% base rate.

Read article →8 Nov 2026

Unused Capital Gains Funds Trigger Tax Liability

8 Nov 2026

Under section 86 of the Income-tax Act, 2025, where the unused part of the net consideration is deposited for a residential house but not used in time, the exempt gain attributable to the unused amount is charged as income of the tax year in which three years from the original transfer expire.

Read →