For years, filing ITR felt like a tough task for taxpayers and they thought that only a CA could decode complex deductions and filing of returns. Most people still take help from CAs and pay ...

Filing early ensures you’re not paying unnecessary interest or waiting endlessly for refunds. Treat the extension as a ...

Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...

For the assessment year 2025-2026, taxpayers using ITR-2 must understand eligibility and new reporting requirements, ...

A common mistake taxpayers make is opting for the incorrect tax return form. For instance, instead of ITR-2, a taxpayer may ...

Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY ...

Senior Income Tax Dept. officials are of the view that taxpayers should not wait till the last-minute to file their returns, ...

Taxpayers were given an additional 1.5 months to file their returns without penalties after facing 'unprecedented hardships' ...

Many of the taxpayers are waiting for an extension to file their ITR. But they should not expect to get more time; rather, they should file their return before the deadline.

According to tax laws, F&O income is classified as non-speculative business income under Section 43(5) of the Income Tax Act.

ITR Filing: Once the income tax return (ITR) is filed and submitted, many taxpayers wait for their income tax refunds, ...