Taxpayers should consult the Income Tax Department website for the relevant instructions and FAQs to ensure they select the ...
Filing an Income Tax Return (ITR) has become much simpler in recent years, thanks to digital platforms and pre-filled forms.
Small businesses and freelancers opting for presumptive taxation must now declare fixed deposits, equity, mutual fund ...
The September 15 deadline applies to non-audit taxpayers including individuals, Hindu Undivided Families (HUFs) and entities ...
One of the main changes in the newly introduced ITR forms is the eligibility criteria for ITR-1. It now includes two house ...
Many taxpayers believe that filing an Income Tax Return (ITR) is unnecessary if their income falls below the taxable limit. However, financial experts say that even individuals with zero tax liability ...
Finance Minister Nirmala Sitharaman announced staggered ITR deadlines while presenting the Union Budget 2026 on 1 February ...
New reporting fields aim to standardise disclosure, improve tax compliance, and help taxpayers accurately set off and carry ...
CBDT has updated ITR-4 for AY 2026-27, making investment disclosure mandatory. Check who can file, eligibility rules and step ...
With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...
Four key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, introduced in the Finance Bill, 2026, aim to enhance efficiency ...