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

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

The tax department accepted the ITR but levied the penalty equal to 200% of the tax payable on wrong claim. In appeal, the ...

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

Choosing the wrong ITR form can render your returns defective, delaying processing and, hence, the refund of any excess tax ...

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 ...

The ITR-3 Excel utility for Assessment Year 2025-26 introduces major updates, including enhanced disclosure requirements for deductions, capital gains segregation, and new reporting thresholds, ...

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

Whether you trade in F&O, intraday, or hold stocks long-term, how you report it in your ITR depends on the type of trade. Here’s a guide to help you file your taxes the right way.

As you get down to file your Income Tax return (ITR), check whether the authorities have collected the correct information ...