The government has issued a final warning to taxpayers who filed incorrect ITRs over the last four years. If you claimed fake ...

Though farm income is tax-free in India, farmers should file ITR if they earn from allied activities or plan loans, investments, or subsidies. ITR builds financial credibility, aids in legal matters, ...

As per the Income Tax Act, individuals are generally not required to file ITR if their annual income does not exceed ₹2.5 ...

The Income Tax Department has notified seven ITR forms for FY 2024-25. Here's a guide to help you pick the right one.

As the deadline to file Income Tax Returns (ITR) in India draws closer, taxpayers across the country are rushing to complete the process. This year, the last date to file ITR for the assessment year ...

Since the AIS and Form 26AS contain the complete history of a taxpayer’s transactions, nothing will go unnoticed — any ...

The Income Tax Department has revamped the ITR-2 Excel Utility for AY 2025–26 with six key upgrades. Experts warn that filing ...

You must e-verify your ITR within 30 days of filing to complete the process. Here's how to do it easily using Aadhaar OTP, net banking and other online methods.

Even minor errors while filing your ITR can have serious consequences, including penalties up to 200% and even imprisonment.

Before an individual's income is being deposited to a person's account, tax is withheld at the source (TDS) from his or her salary.

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

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