News

Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...
ITR-7 for AY 2025-26 has significant changes. Learn about the new reporting rules for trusts and non-profits, including donor disclosures and capital ...
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some ...
The Income Tax Department has now made the excel utilities for ITR-2 and ITR-3 available. This allows people with taxable capital gains, crypto earnings, and other incomes to start filing their ...
Filing beyond this date will lead to a penalty of ₹5,000 (if income exceeds ₹5 lakh) and ₹1,000 for lower income groups under Section 234F.
Filing income tax returns helps students and unemployed individuals establish financial records, claim refunds, and access loans if annual income exceeds the prescribed threshold.
The last date for filing updated income tax return is near. In such a situation, taxpayers who want to file updated returns for the last two years. This news is very important for them. Actually ...
ITR: Matching Form 16 and Form 26AS is essential for filing correct ITR. Mismatches can lead to denied TDS credits, incorrect tax liability, or a delay in the refund. Employees should verify ...
ITR filing: What is the basic exemption limit for FY 2024-25 & under what conditions do you still need to file tax return?
How to correct name or DoB mismatch in PAN and Aadhaar before filing ITR Ensuring accurate details in PAN and Aadhaar is crucial for smooth income tax return filing and verification.