Union Budget, the government gave a big relief, i.e., no tax on income up to Rs 12 lakh under the new tax regime. But here's ...

If you do not pay attention to some things while filing an income tax return. Then you may have to face trouble. Let us tell ...

The new ITR forms also require more detailed disclosures related to the choice of personal tax regime. Taxpayers who opt out of the default new regime must file Form 10-IEA. If this form is filed ...

ITR Filing 2025: With the Income Tax Department notifying all the ITR forms with several changes to accommodate several tax-related announcements, including those about capital gains reporting and ...

ITR Filing: Income Tax Return (ITR) is a form used to file your income and tax during a financial year to the Income Tax Department of India. For the financial year 2021-22, the last date for ...

The Income Tax Department has introduced new ITR-1 and ITR-4 forms for FY 2024-25, simplifying tax filing for individuals with long-term capital gains up to Rs 1.25 lakh from listed equities.

Individuals who are employed in a job and earning lower than ₹50 lakh per annum are meant to file their tax returns via ITR form number 1 As the deadline of July 31 to file income tax return ...

Notice under Section 143(1) is one of the most frequently received income tax notices. It is issued by the Income Tax Department when there are discrepancies, errors, or incorrect claims in the income ...

Income Tax Return Filing 2025: The Central Board of Direct Taxes (CBDT) has notified all Income Tax Return (ITR) forms — from ITR-1 to ITR-7 — for the financial year 2024-25 (tax assessment ...

ITR-7 ) for Assessment Year 2025-26, and introduced multiple taxpayer-friendly changes while maintaining the core structure of these income tax filing forms. These forms for financial year 2024 ...

As the new financial year has already started from April 1, taxpayers across the country are gearing up to file their Income Tax Returns (ITR) for the previous year. The Income Tax Department is ...