How to File Income Tax Return – Complete ITR Guide

This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections. This ensures a smoother and more accurate filing experience for everyone. Formal notification will follow.

Key income tax return utilities—ITR-2, ITR-3, ITR-5, ITR-6, and ITR-7 for Assessment Year (AY) 2025-26—are yet to be made available, leaving many filers in limbo

Filing your Income Tax Return (ITR) for FY 2024-25? The deadline has been extended to September 15, 2025. Here's how salaried individuals can file ITR without a Chartered Accountant and avoid 5 common mistakes that often trigger income tax notices or delay refunds.

Form 16 or Form 16A is the certificate of deduction of tax at source. It is issued on deduction of tax by the employer on behalf of the employees and provide details of TDS/TCS for various transactions between deductor and deductee. It is mandatory for employers to issue these certificates to taxpayers.

NRIs are allowed to invest in various financial instruments and real estate in the country. The only exception is they cannot invest in agricultural or plantation property or a farmhouse. Since they are allowed to purchase property and invest in other financial instruments, they are also liable to pay taxes like those living in the country. But if they do not have any earning or an income within the basic exemption limit from India, they are not liable to file an ITR.

Confused between ITR-1 (Sahaj) and ITR-4 (Sugam)? Here's a simple guide to help you choose the right income tax return form based on your income sources and eligibility.

Form 16, a key document for salaried taxpayers, must be issued by employers by June 15; here’s what it includes and the latest rules for ITR filing in FY 2024-25.

Taxpayers in India can choose between two different regimes while filing their income tax returns — each with a corresponding set of exemptions and benefits.

The applicability of ITR forms depends on factors such as the assessee's sources of income, total earnings and also the category of the taxpayer like individuals, HUF, company, etc. In this article, we will discuss about the ITR form applicable for NRIs (Non-Resident Indians).

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they won’t have to pay any tax.

Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the taxpayer categories, such as individuals, Hindu Undivided Family (HUF), companies, etc.