Income Tax Act 1961 vs Income Tax Act 2025 | Deduction vs Rebate vs Relief Complete Comparison | 80C to 91 Explained If you want structured Income Tax learning, comment “MASTER”. This 60-minute masterclass explains the complete framework of Chapter VI-A deductions, rebate and relief provisions under the Income Tax Act 1961 and the New Income Tax Act 2025. In this detailed session, CA Devesh Thakur covers: ✔ Meaning of Gross Total Income (GTI) ✔ Section 80A framework and basic rules ✔ Section 80C

Comment "rebate". Rebate of Income-Tax under Income Tax Act 2025 | Section 156 In this reel, I have explained the complete concept of Rebate of Income-tax under the new Income Tax Act, 2025 (effective from 01.04.2026) — including the shift from Section 87A (ITA 1961) to Section 156 read with Section 155. 🔹 Who is eligible for rebate? 🔹 Old regime rebate under ₹5 lakh – ₹12,500 limit 🔹 New regime rebate under ₹12 lakh – ₹60,000 limit 🔹 Marginal relief concept explained clearly 🔹 Why ₹12 lakh

Day 7/15 – Income Tax Act 2025 Series Gross Salary ≠ Taxable Salary. And under the New Income Tax Act, 2025, deductions don’t vanish—they’re claimed differently. In today’s post, I’ve explained: ✔️ What must be included in Gross Salary ✔️ How deductions are claimed under the New Act ✔️ Key comparison with Income Tax Act, 1961 🔹 Deductions Covered (New Act 2025): • Professional Tax • Standard Deduction • Gratuity (Govt / Non-Govt / Defence) • Commuted Pension • Pension from Specified Funds • Ret