Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

The process of finding the ITR has become easy as it is now available online by accessing the income tax portal. . But, before you start filing your ITR online, you must keep ha ...

You might be wincing at the thought of having to prepare another tax return this filing season because your child earned some money, but there may be a few shreds of silver lining. “We file a ...

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...

The window is likely to open on April 1, 2025, and remain open till July 31. The deadline for ITR filing is July 31.(Reuters) While ITR filing can be done online, some people might find it confusing.

Step 3: Select the Online mode of filing and click Proceed. In case of an already filed Income Tax Return which is pending for submission, click Resume Filing Step 4: If you want to discard the ...

If you are filing the ITR for the first time, you will wonder if filing ITR is a difficult process. The IT department has made ITR filing a highly user friendly process. Here is how to file the ...

For business and professional taxpayers, switching tax regimes is more restricted. Once they opt for the new tax regime, they ...

What is ITR-U and How Can It Help You? Filing Income Tax Returns (ITR) correctly and on time is crucial to avoid penalties ...

A late filing fee, interest for delays in payment, penalty for under-reporting income and prosecution for non-compliance are some of the punishments handed by the tax department ITR 1 Form filing ...

For taxpayers without business income: They can simply select the old tax regime while filing their ITR and have the flexibility to choose between the two regimes every year.