First-time income tax filers often make easily avoidable mistakes that can lead to refund delays or scrutiny. Common errors ...

Despite over 75 lakh income tax returns being filed and more than 71 lakh verified so far this year, the Income Tax ...

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For ...

The deadline for submitting ITR for FY 2024-25 is September 15, 2025 and this means eligible taxpayers should claim eligible ...

The capital gains rules were amended effective July 23, 2024. The new capital rules have created confusion among those who ...

If a salaried person chooses the new tax regime for the financial year, they wont be able to claim most deductions. However, ...

Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...

The release of ITR-2 and ITR-3 utilities is delayed, affecting taxpayers like salaried professionals, HNIs, and freelancers ...

Income Tax Return (IT-Return) involves submitting the corresponding income tax form to the relevant tax department.

The Income Tax Department has already released the ITR utilities and forms. While the deadline to file your income tax return (ITR) for AY 2025-26 has been extended to September 15, 2025, you can file ...

Filing an ITR doesn't guarantee closure. Notices may still arrive if the tax department detects inconsistencies, high-risk ...

Filing your Income Tax Return (ITR) for AY 2025-26 without a Chartered Accountant? It's now easier than ever, thanks to ...