Taxpayers filing ITR-1 and ITR-2 must submit their returns by 31 July. Meanwhile, taxpayers filing ITR-3 or ITR-4 who are not ...

The new income tax form initially lacked a section for certain tax exempt receipts. Now, it includes an additional dropdown ...

The Income Tax Return (ITR) filing season for Financial Year (FY) 2025-26, corresponding to Assessment Year (AY) 2026-27, is ...

Long-term capital gains (LTCG) of up to ₹1.25 lakh on listed shares and equity mutual funds may be exempt from tax, but that ...

Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to ...

Your Income Tax Return (ITR) is no longer just a document to calculate your tax liability—it has become a digital record of ...

The shift is the result of a key relaxation in the eligibility rules for ITR-1 for AY 2026-27. Earlier, the presence of any ...

Maximising tax refunds is not only about finding last-minute deductions; it starts with ensuring that your tax return accurately reflects your income, investments, and taxes already paid ...

As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...

Income Tax Return filing in India for FY 2025–26 and AY 2026–27 explained, learn forms, documents, online steps, and key ...

The Supreme Court clarified income assessment for motor accident compensation, addressing salaried and self-employed ...