Taxpayers should carefully match their income profile with the applicable ITR form, as filing returns in the wrong form could ...

Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses ...

The broader message from the revised ITR-3 framework is tax reporting is becoming more data-linked, automated, and ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

Taxpayers should be aware of the necessary documentation and deadlines for filing ITR. For FY2025-2026, the deadline is 31 ...

Know all about ITR filing. Complete Guide on How to File Income Tax Returns online FY 2023-24. Step by Step Guide on Income tax returns filing process, date, deadline, deadline extension, news, latest ...

Taxpayers should consult the Income Tax Department website for the relevant instructions and FAQs to ensure they select the ...

The Income Tax Department has released updated Income Tax Return (ITR) forms for Assessment Year 2026-27 (Financial Year 2025 ...

For investors looking to build diversified long-term portfolios, GIFT City is emerging as a favoured gateways to access global opportunities. To access global markets and dollar-denominated assets, ...

The Income Tax Department has notified all seven ITR forms, along with ITR-V and ITR-U, for the Assessment Year 2026-27 (Financial Year 2025-26). This has led many taxpayers to wonder if they can ...

The last date for salaried individuals to file ITR-1 or ITR-2 is July 31, 2026, with different deadlines for other categories ...

With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...