
Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital…
Different tax returns are prescribed for filing by individual taxpayers depending on their income and its source as well as…
The I-T department aims to resolve over 2 lakh appeals involving Rs 10 lakh crore in FY26 to boost tax…
Maximize tax savings through smart family wealth planning. Learn how clubbing of income rules apply, key exceptions, and strategies like…
The simplified form is designed for individuals and entities who earned up to Rs 50 lakh during the recently concluded…
Income Tax Department has simplified how taxpayers will file ITR returns. For the assessment year 2025-26, the forms ITR-1 (Sahaj)…
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…
Taxpayers will soon be able to file their returns for FY25 via the official Income Tax Department website.
Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and exemptions…
This scheme is specially for those taxpayers whose cases are stuck with the Income Tax Department in the courts or…
An individual resident who is 60 years or above in age but less than 80 years at any time during…
It is not necessary to attach any documents while filing your returns. However the details given in various documents will…
In a recent judgment, the Mumbai Income Tax Appellate Tribunal (ITAT) ruled that such an exchange cannot be taxed under…
For this assessment year, if you receive less income tax refund or do not get any refund at all, you…