Sections of the Income-tax Act, 2025 are shown next to the 1961 Act sections.
A written tax opinion sets out the facts, the issue, the relevant provisions of the Income-tax Act, 1961 and the Income-tax Act, 2025, the judicial position, and a reasoned conclusion. It helps you take a decision and supports your position if the issue is examined later.
Tax opinion, Income Tax and GST
What the opinion covers
Opinions are prepared on the facts you provide. Where facts are unclear, we list our assumptions so the conclusion can be understood in context.
Typical questions
- Taxability of a receipt or transaction
- Deductions, exemptions and residential status
- Capital gains on property, shares or JDA
- Transition questions under the new Income-tax Act, 2025
Timeline
Delivery time depends on complexity and is agreed at the time of engagement.
Information we need
- Facts and background of the transaction
- Agreements, deeds and correspondence
- Earlier returns or assessment orders, if relevant
How we work
- Understand the facts and the question
- Research the law, circulars and case laws
- Deliver a written opinion with conclusion and risks
- Discuss the opinion and clarify follow-up questions
Please note
- Opinions are limited to tax laws
- An opinion is not a guarantee of how an authority will decide
What usually comes next
- TDS / TCS ApplicabilityTDS and TCS questions
- Transaction TaxabilityTransactions and structuring
Frequently asked questions
Is the opinion confidential?
Yes. Opinions are prepared for your use and are not shared with anyone without your permission.
Official sources
- Income Tax Departmentincometaxindia.gov.inActs, rules, circulars and the 1961 to 2025 section utility
- CBIC – GSTcbic-gst.gov.inCGST Act, rules, notifications and circulars
Received a notice or an order?
Call us to talk it through. Keep the notice and its response date handy.