
Tax Audit Report Filing 2025-26: The Karnataka High Court and the Rajasthan High Court have directed the Central Board of…
ITR due date: Late filing also restricts certain benefits. Belated filers cannot carry forward some losses, such as capital or…
It is important to remain careful while filing returns but mistakes may still happen. Do not fret; you can rectify…
Taxpayers were given an additional 1.5 months to file their returns without penalties after facing ‘unprecedented hardships’ due to multiple…
All taxpayers in the country are expected to make their submissions by September 15 while those requiring an audit must…
More than 25 lakh ITRs have already been filed, and refunds are likely to begin soon.
Employees get deduction benefits on certain investments or savings done. But there is one investment that doesn’t help taxpayers avail…
The income tax department has notified all seven income tax return forms for assessment year 2025-26.
Despite the increase in average refund size, the IRS issued fewer refunds overall. The number of refunds dropped by 1.3%,…
Taxpayers will soon be able to file their income tax returns for the recently concluded financial year.
It is mandatory to choose between the old and new tax regime while filing the online form — with specific…
Taxpayers will soon be able to file their returns for FY25 via the official Income Tax Department website.
The income tax department has stated that there has already been significant growth in tax collections in the first quarter…
Under Section 139(1) of the Income-tax Act, 1961, those with income below the basic exemption limit are exempt from filing…
Though Form 16 makes it easier to file tax return for salaried taxpayers, ITR filing is possible even without Form…
The CBDT notification has clarified that income tax returns (ITRs) need to be e-verified within 30 days of uploading, otherwise…
As many as 74.6 million PIT returns were filed in FY23, as against 38.4 million in FY15.
The newly revamped website was launched by the Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta at the ‘Chintan…