Page 17 of income tax department News
ITR-U form has been introduced under Section 139(8A) to correct errors or omissions in their previously filed ITR. This ITR…
As of May 20, 2025, there is no update on the e-filing portal of the tax department, while forms from…
Confused between ITR-1 (Sahaj) and ITR-4 (Sugam)? Here’s a simple guide to help you choose the right income tax return…
Missing ITR filing deadlines for AY 2025-26 can lead to penalties and loss of key tax benefits—know the correct due…
Protean eGov shares hit a 20% lower circuit after missing PAN 2.0 tender. Expect revenue decline. Click to learn more!
FY25 ITR forms require taxpayers to split capital gains based on asset sale date—before or after July 23, 2024—due to…
NRIs are allowed to invest in various financial instruments and real estate in the country. The only exception is they…
Experts, however, are of the view that the government might not give extension in the ITR filing deadline this year…
In the last year’s budget, Union Finance Minister Nirmala Sitharaman raised the exemption limit on long-term capital gains for listed…
The income tax department has notified all seven income tax return forms for assessment year 2025-26.
Although the structure of most of the forms remains the same, some important changes have been made in them to…
The I-T department aims to resolve over 2 lakh appeals involving Rs 10 lakh crore in FY26 to boost tax…
CBDT notifies ITR-3 for AY 2025-26, easing disclosure for middle-income professionals. Key changes include higher asset threshold, split capital gains…
The delay in notifying the ITR forms and releasing their utilities for AY 2025-26, despite no major structural amendments in…
Taxpayers will soon be able to file their income tax returns for the recently concluded financial year.
The changes effected in the Form 16 format will ensure that the information about different taxes, deductions and exemptions on…
It is mandatory to choose between the old and new tax regime while filing the online form — with specific…
The Income Tax Department has issued a notification stating that 1% TCS will be imposed on sale of certain luxury…