Income Tax Filing AY 2025-26: Which form should senior citizens use to file ITR? Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of… 7 months ago
Caught hiding income? Govt wants you to file THIS new ITR form The new form is aimed at addressing some of these procedural ambiguities related to block assessments, the Central Board of… 7 months ago
ITR filing 2025: 5 must-do things before filing ITR online The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption… 7 months agoApril 7, 2025
ITR Filing 2025: 5 must-verify points before your offline ITR submission ITR is mandatory for those individuals whose annual taxable income is more than the basic exemption limit. Under the Old… 7 months ago
Income Tax Return 2025: I-T department upgrades ITR-2 filing process, know new changes The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is… 7 months ago
ITR filing 2025: How salaried individuals can file tax returns without Form 16 ITR Filing: The salary slips of your entire financial year give information about your salary, allowances and deductions. These will… 7 months ago
Income Tax Return 2025: Tax department releases new Excel utility for ITR-2 filing, know what has changed The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is specially… 7 months ago
Making HRA claims without deducting TDS? Income Tax Department sending notices Under the income tax law, a tenant who is living in a property and paying a rent of Rs 50,000… 7 months ago
Big money rule changes from April 1: Tax relief, UPI deactivation, PAN-Aadhaar impact and more Among the major financial and tax changes are no income tax on annual income up to Rs 12 lakh, deactivation… 7 months ago
File updated ITR before March 31 File your updated Income Tax Return (ITR-U) before March 31, 2025, to correct omissions or errors and avoid penalties. Learn… 8 months agoMarch 29, 2025
Tax deadline 2025: Complete these 10 important financial tasks before 31 March 2025 Every year we get worried about tax saving and other important financial tasks at the last minute. So act fast… 8 months ago
Income tax rule changes from April 1: 10 major updates every taxpayer should know In Budget 2025, Finance Minister Nirmala Sitharaman announced several important changes to make the existing tax system simple and effective.… 8 months ago
Income Tax Return 2025: When will ITR filing start? Know the types of Forms and how to fill them online Filing ITR is not only a legal responsibility but also important for taxpayers’ financial health. It keeps a record of… 8 months ago
Income Tax crackdown! Donors to political parties under scanner – Are you on the list? According to reports, about 9,000 people donated Rs 5 lakh or more in the financial year 2020-21 and claimed tax… 8 months ago
No business income? You can switch tax regimes: Your queries answered A taxpayer can claim a deduction under Section 24(b) for interest paid on a home loan for a rented property,… 8 months agoMarch 7, 2025
Taxpayers alert! You will now pay 70% additional tax if filing updated tax return after… Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late… 9 months agoFebruary 2, 2025
Viral post exposes tax gap: Tea seller pays Rs 11.5 lakh less in tax than a salaried employee on Rs 72 lakh income The tea stall generates Rs 6,00,000 a month, yet only a fraction of this is subjected to tax. A substantial… 9 months ago
No way to declare exempt gift in ITR Under the Income Tax Act, gifts received from specified relatives—such as parents, siblings, or spouses—are fully exempt from tax, irrespective… 10 months agoJanuary 19, 2025
ITR filing last-minute checklist: 10 things to check for smooth return filing process before Sept 15 deadline
Income tax return filing 2025 deadline: Making wrong claims or hiding income in ITR may cost you heavy penalties
