The Income Tax Department has released all seven ITR forms for AY 2025-26, but taxpayers can’t file yet. The updated e-filing ...

In a major relief to taxpayers, the Central Board of Direct Taxes (CBDT) has extended the due date for filing Income Tax ...

Self-employed taxpayers need to be more careful while adding up all their income, including that from interest, dividends on ...

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.

Later, ITR forms 5 and 2 were notified on May 1 and May 3, respectively. These forms are meant to be used for filing income tax returns (ITR) for FY 2024-25. Let us understand which income tax ...

These forms are meant for individuals and entities with an annual income of up to Rs 50 lakh, marking the beginning of the ITR filing process for Financial Year 2024-25. As taxpayers get ready to ...

ITR Filing for the Assessment Year 2025-26 is just around the corner, and taxpayers must stay informed to avoid penalties or delays. With the Income Tax Department set to notify updated ITR forms soon ...

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 ...

In a move set to ease the tax filing burden for a significant portion of the taxpayer base, the Income Tax Department has officially notified the Income Tax Return (ITR) forms 1 and 4 for the ...

There are different stages of income tax return filing. Once you file your income tax return, the next step is to verify it. Upon processing of your filed and verified income tax return (ITR ...

ITR filing: The Central Board of Direct Taxes (CBDT) released the Income Tax Return form-2, or ITR-2, for the fiscal year 2024-2025 on Monday, following the recent notification of ITR forms 1 ...