Income tax return 2026 27 News: Income tax return 2026 27 Latest News, Income tax return 2026 27 Today news, Income tax return 2026 27 Breaking News

Think about what an income tax return actually contains. It shows your real income, not the number you tell people at dinner parties.

The Tax Return Is India’s Most Underpriced Document

The rapid growth of digital options for filing ITR is an incredible milestone. For years, this industry ignored tax filing…

July 17, 2026 15:07 IST

For FY 2025-26, senior citizens (aged 60–79 years) can choose between the old and new tax regimes.

Income tax after retirement: 10 earnings that continue to be taxed

Retirement should mark financial independence, not unexpected tax surprises. Understanding the taxability of each income stream and reviewing one’s tax…

July 16, 2026 17:16 IST

Taxable life insurance maturity proceeds should be reported in the appropriate income schedule based on the nature of the receipt and the policy category.

ITR Filing 2026: 5 situations where life insurance maturity proceeds become taxable

It is also important to verify whether the insurer has deducted TDS under Section 194DA and whether the amount reported…

July 16, 2026 15:55 IST

The requirement appears to be part of the broader shift towards more complete and structured taxpayer information in the ITR forms.

New in ITR 2026: Why is the Income Tax Department asking for a secondary address?

A secondary address may include any additional valid physical address associated with a taxpayer apart from the primary address disclosed…

July 15, 2026 18:44 IST

The chatbot used an old disclosure limit that had changed months ago.

The Real Cost of Letting a Chatbot Calculate Your Tax Return

Countless returns have already been filed by people who simply trusted the chatbot’s first answer. That group worries me most.…

July 9, 2026 15:43 IST

The record number of income tax returns filed well before the due date is a strong endorsement of India’s rapidly maturing digital tax ecosystem.

ITR filing for AY 2026-27: 1.6 crore returns filed, 1.52 crore verified ahead of July 31 deadline

As filing momentum continues, taxpayers should remain equally focused on accuracy by carefully reconciling disclosures with Form 26AS, AIS and…

July 9, 2026 14:31 IST

While the Union Budget generally receives greater attention, it is the notified ITR forms that ultimately determine the information taxpayers are required to furnish.

Claiming 80G deduction? Here’s the new ITR disclosure requirement for taxpayers

Where a taxpayer claims deduction under Section 80G, the prescribed reporting particulars should be completed accurately.

July 8, 2026 20:38 IST

ITR-1 is a simplified return form meant for eligible resident individuals having income from salary or pension, upto two house property, other sources and agricultural income within the prescribed limits.

Filing ITR-1? These 10 transactions may require you to switch to ITR-2 or ITR-3

Filing ITR-1 for AY 2026-27? These 10 financial transactions may make you ineligible and require you to file ITR-2 or…

July 8, 2026 17:36 IST

Importantly, the receipt of a notice should not automatically be interpreted as an allegation of tax evasion. In many cases, it merely reflects a mismatch that requires clarification or correction.

Got a tax notice despite paying TDS? Here is what triggered it and what to do next

With increasing digital integration across government databases, preventive reconciliation before filing the return has become considerably more important than post-filing…

July 2, 2026 22:43 IST

The interest must still be reported in your ITR under Income from Other Sources, even if the total is within the deduction limit.

Multiple savings accounts? Here’s how to report your interest income while filing your ITR

Savings account interest is fully taxable under Income from Other Sources, and it is added to your total annual income…

July 2, 2026 18:37 IST

Taxpayers who are expecting a refund should consider filing their ITR early, especially where excess TDS/TCS, advance tax or self-assessment tax has been paid during the year.

Will filing your ITR early get you a quicker refund? Here’s what really matters

Income tax refund is broadly calculated as the excess of taxes paid or credited over the final tax liability of…

July 2, 2026 16:15 IST

ITR filed successfully? Find out why e-verification isn't the final step and what you should do next to secure your tax refund.

ITR filing doesn’t end with e-verification: 7 post-submission steps to protect your refund

Filing the ITR may be the first milestone, but ensuring that the return is valid, accurately processed, and appropriately supported…

July 1, 2026 18:24 IST

If there is a mismatch, the actual transaction documents should be reviewed first so the return reflects the correct figures.

Don’t rely on AIS alone: How to verify your stock market transactions before filing your ITR?

Active traders and F&O participants should verify whether their income is being reported under the correct head and whether their…

July 1, 2026 16:16 IST

The Income-tax Act permits the ITD to adjust a refund against outstanding and recoverable tax demands of earlier assessment years.

Income tax refund: Why do taxpayers receive partial refunds instead of the full amount?

Taxpayers receiving a partial refund generally indicate that the Income-tax Department (ITD) has recomputed the taxpayer’s return during processing after…

June 30, 2026 19:14 IST

Every day, you pay several other taxes while shopping, buying fuel, paying insurance premiums, investing, or purchasing a home.

Beyond income tax: The hidden taxes draining your salary and investment returns

Financial planning should not stop at income-tax planning. Individuals should evaluate major spending, investment, and wealth creation decisions through a…

June 30, 2026 18:41 IST