The process involves declaring income, deductions, and taxes paid, and can be done online through the Income Tax Portal or using an offline utility.

Tax filers can start gathering the crucial documents, including last year’s ITR, Form-16, Annual Information Statement, ...

The season of filing Income Tax Return (ITR) is in full swing. Those who have tax liability are trying to save tax. On the ...

ITR-3 also provides for reporting of consideration received from buyback of shares after October 1, 2024 as dividend income ...

Gifts from friends or extended family may be taxable and should be clearly disclosed in your return, particularly those ...

Under the Income Tax Act, 50 per cent of salary qualifies as HRA exemption for metro cities (Delhi, Mumbai, Chennai, Kolkata) ...

The Income Tax Department has launched a massive crackdown on fraudulent ITR refund claims facilitated by certain chartered accountants and intermediaries. These professionals have been found running ...

Learn how to file ITR 1 Sahaj online for FY 2024-25 under India’s New Tax Regime. A simplified stepwise guide covering ...

If you are 75 or older and rely only on pension and bank interest, you may not need to file your ITR this year—here’s who ...

Salaried individuals will be required to file ITR forms for financial year 2024-25 and assessment year 2025-26. However, self ...

Taxpayers are worried about the delay in getting tax refund in 2025. Expert said - Refunds are getting stuck due to delay in ...