Filing income tax returns in a hurry can increase the risk of errors, defective returns and, thus, I-T notices. Here’s a last ...

Many had hoped for another ITR filing date extension or even a tax audit report extension, but the Income Tax Department has ...

Income Tax: Fewer than 30 days are remaining before the September 15 deadline to file the income tax return (ITR) for FY 2024-25. It is crucial for taxpayers to use the correct income tax return form ...

Taxpayers can now file their Income Tax Return (ITR) for AY 2025-26 directly through the Income Tax Department’s official ...

If you haven’t paid advance tax for FY25 yet, you can pay it at the time of filing your ITR. But for the next year, plan ...

For FY 2024-25, the new tax regime is the default, impacting ITR filing. Switching to the old regime requires careful consideration, especially for those with business income who must file Form 10-IEA ...

The September 15 deadline for income tax ITR filing is just two days away, and surprisingly a lot of people are actively ...

Income Tax return filing has only 17 days left before the extended deadline ends, and less than half of the total expected returns have been filed for the assessment year (AY) 2025-26. According to ...

Filing Income Tax Return (ITR) is an annual obligation for eligible Indian taxpayers. Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also ...

As per the information available on the I-T Department official website, with effect from Assessment Year 2020-21, it is mandatory for every person, who is not required to furnish a return of income ...

In India, receiving a generous gift — be it a bundle of cash for your wedding, a plot of land from your parents, or financial support from a friend — can feel deeply personal. But in the eyes of the ...

Now, the question is- Is it mandatory to define the nature of employment while filing a return of income? The answer is yes, it is mandatory to define the nature of employment while filing of return ...