IT Act 2025 · ICAI Study Material
Practice Quiz
Chapter-wise multiple choice questions drawn from ICAI study material — with detailed explanations for every answer. Ideal for CA students, tax professionals, and anyone preparing for income tax examinations.
Deemed Profits and Gains of Business or Profession
Test your understanding of Section 38 of the IT Act 2025 — covering balancing charges, recovery of bad debts, scientific research assets, loan waivers, and withdrawals from special reserves.
Basic Concepts — Case Studies
Case-study MCQs from ICAI study material. Apply the concepts of diversion vs. application of income, HUF status, Hundi borrowings (Section 106), and unexplained expenditure (Section 105) to real-world scenarios.
Questions are sourced from ICAI study material for IT Act 2025 — Tax Year 2026-27. For educational use only.