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 ...

The ITR-3 excel utility for AY 2025-26 introduces many key changes, including a raised threshold for asset reporting to Rs 1 ...

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

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

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 ...

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 ...

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

Income Tax Department cracks down on fraudulent refund claims by chartered accountants; over 100 taxpayers identified. Fake deductions under sections like 80D and 10(13A) uncovered in nationwide raids ...

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

The Income Tax Department has released the Excel-based ITR-2 utility for assessment year 2025–26, featuring six notable ...