Income Tax Research

Income Tax Research, Reimagined

Search across the IT Act 1961 + IT Act 2025, CBDT circulars, notifications and rules in seconds. Every answer is cross-mapped between the old and new section numbers so you never cite the wrong Act for your client's assessment year.

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Income-tax sources17,400+IT Act 1961 + IT Act 2025 + IT Rules 1962/2026 + Finance Acts 2015-2025
CBDT circulars & notifications9,200+All CBDT issuances indexed by section, topic and effective year
Old ↔ New section mapping1,368 rowsEvery IT Act 1961 section mapped to its IT Act 2025 equivalent
The problem

CAs spend hours digging through bare acts, CBDT circulars and notifications to answer a single client query. Cross-referencing Section 80C limits with the latest Finance Act amendments, verifying TDS rates under Section 194 for different payee categories, or comparing old vs new regime implications — it all requires manual lookup across dozens of sources. Now add the IT Act 2025 renumbering: every section has changed, every form will reference new numbers, and one missed circular can mean wrong advice.

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A real question, a cited answer

app.taxmarg.ai · sample answergrounded
For AY 2026-27, what is the maximum deduction under Section 80C, and does NPS under 80CCD(1B) stack on top of it?
Based on TaxMarg's knowledge and sources4.0s · 4 sources
Under Sec. 80C of the Income-tax Act, 1961 (renumbered as Sec. 123 of the Income-tax Act, 2025), a resident individual or HUF can claim a deduction of up to ₹1,50,000 per financial year for investments in PPF, ELSS, LIC premia, EPF, NSC, 5-year tax-saver FD, ULIP, tuition fees of two children, principal repayment of a housing loan, etc. [Sec. 80C] This ₹1.5 lakh cap is a combined ceiling with Sections 80CCC (pension funds) and 80CCD(1) (employee's NPS contribution) under Sec. 80CCE. [Sec. 80CCE] However, the additional deduction of ₹50,000 for NPS contributions under Sec. 80CCD(1B) sits outside the Sec. 80CCE ceiling and stacks on top — so a taxpayer can claim a total of ₹2,00,000 (₹1.5L + ₹50K). [Sec. 80CCD(1B)] Note: These Chapter VI-A deductions are available only under the old regime; they are not allowed if the taxpayer is taxed under Sec. 115BAC (new regime). [Sec. 115BAC(2)(i)]

Every claim above traces to a primary source in our knowledge base

How TaxMarg helps

Instant Section Lookup

Ask about any deduction (80C, 80D, 80CCD(1B), 80GGA) and get the exact text, applicable limits, conditions and the most recent CBDT circular clarifying edge cases. Every answer cites the specific section and sub-section.

Old Act ↔ New Act Cross-Reference

The IT Act 2025 renumbered every section. TaxMarg maps Sec. 80C (1961) to Sec. 123 (2025), Sec. 194C to Sec. 393, Sec. 148A to Sec. 281 and every other provision — so you never cite the wrong Act for your client's assessment year.

Capital Gains & TDS Rate Tables

Get structured answers for capital-gains tax rates (STCG vs LTCG, listed vs unlisted, resident vs NRI), TDS rate charts under Sections 194-196 (with FA 2025 changes) and surcharge applicability — all pulled from the latest Finance Act and CBDT rate notifications.

What you get back

Structured, exportable output

80C / 80CCD(1B) quick referenceAY 2026-27 · FA 2025
Section
Cap
Under Sec. 115BAC
Sec. 80C — life insurance, PPF, ELSS, 5-yr FD, EPF, home loan principal
₹1,50,000
Not allowed
Sec. 80CCC — pension funds
Within Sec. 80CCE ₹1.5L cap
Not allowed
Sec. 80CCD(1) — employee NPS (up to 10% salary)
Within Sec. 80CCE ₹1.5L cap
Not allowed
Sec. 80CCD(1B) — additional NPS (on top of 80CCE)
₹50,000
Not allowed
Sec. 80CCD(2) — employer's NPS contribution
14% of salary
Allowed

Try these questions

→What is the maximum deduction under Section 80C for AY 2026-27, and does the NPS contribution under 80CCD(1B) stack on top of the ₹1.5L limit?
→TDS rate on payment to a non-resident for fees for technical services under Section 195 — and how does the India-US DTAA Article 12 reduce it?
→How is LTCG on unlisted shares taxed post Finance (No.2) Act 2024? What is the 24-month holding period and the 12.5% without-indexation rate?
→Compare the old regime and new regime for a salaried individual earning 18 LPA with HRA, 80C, and 80D deductions — using the FA 2025 revised slabs.
→What are the due dates for filing ITR-3 for AY 2026-27 if the assessee is subject to tax audit under Section 44AB?
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