News

Under the Income Tax Act, persons from 60 years to less than 80 years of age are considered senior citizens. Apart from this, ...
The season for filing income tax returns is around the corner, and the Income Tax Department is all set to kickstart the ...
As the filing and payment deadline for Annual Income Tax Return (AITR) approaches, the Bureau of Internal Revenue (BIR) reminds taxpayers to comply with the upd ...
You're 18 and you're not attached to your parents' tax shelter? You have to file a tax return under certain conditions. We'll tell you what you need to know.
“The applicable ITR forms to file for salaried persons are ITR-1 and ITR-2. ITR-1 to be filed if income is up to ₹50 lakh with limited sources like salary and one house property. ITR-2 to be filed if ...
The finance ministry on Tuesday notified Form ITR-B through the gazette which needs to be filed by taxpayers who need to reveal any previously undisclosed income caught in an income tax search or ...
The Ministry of Finance has notified a new income tax return form ‘ITR-B’ for those individuals who need to disclose previously undisclosed income detected in searches or requisition ...
Selecting the correct ITR form is crucial for ensuring compliance with tax laws and maximising benefits. Here's a comprehensive guide to help senior citizens choose the right form based on their ...
Obviously, the stuff is there.” Those signs point to a return to form for Morton. And in a rotation with injury concerns known and potentially lurking, a bounceback start tonight from the ...
The person who comes under the tax slab it’s necessary to report all his income sources that are taxable and tax-free using the right ITR form. Selecting the wrong form and filing through that form ...
Income Tax Department has come out with a return form for block assessment (ITR-B). This is required to be filed by those who want to disclose previously undisclosed income after an income tax ...
The Income Tax Department has categorised taxpayers under different ITR forms, ranging from ITR-1 to ITR-7, each designed to suit different sources of income and taxpayer categories. In this guide, we ...