NEW DELHI : The income tax department has finally released the utilities for income tax return (ITR) forms 2 and 3, allowing ...

The recent spate of scrutiny notices from tax authorities highlight the need for meticulous reporting and compliance while ...

Stricter tax rules are causing more defective Income Tax Returns (ITRs) in India, leading to refund delays and penalties.

T department has released excel utilities for ITR-2, salaried taxpayers and chartered accountants can start the filing ...

The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26). This year, the ITR forms underwent various ...

It is best to be honest while claiming deductions and avail tax breaks only if one can back them up with documentary proof, should there later be a notice by the income tax department.

Section 80P of the Income Tax Act gives cooperative societies a tax break on certain income — like profits from banking, ...

The Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto ...

Indian taxpayers can now easily access their financial data through the Annual Information Statement (AIS) and Taxpayer ...

Filing an ITR is more than just a tax obligation; it is a way to establish your financial presence, ensure transparency, ...

Taxpayers are worried about the delay in getting tax refund in 2025. Expert said - Refunds are getting stuck due to delay in ...

Filing your ITR for 2024-25 is essential for refunds, legal compliance, and financial credibility—even with zero tax.