As the deadline for filing Income Tax Returns (ITR) approaches, the Income Tax Department has issued a stern warning to ...

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

For salaried employees, Form 16 is not only a regular form—it's the basis of your income tax return. Your employer issues it ...

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

As ITR filing for FY 2024–25 gathers momentum, a large number of taxpayers—ranging from salaried professionals and gig workers to small business owners—are getting caught in a web of tax myths that ...

Filing a belated return—after the due date but before December 31, 2025—is permitted, but it comes with penalties and other drawbacks.

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

If you are under 60 years old with an annual income below Rs 2.5 lakh under the old tax regime, or below Rs 3 lakh under the ...

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

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

With the ITR filing deadline for FY2024-25 extended to September 15, taxpayers with rental income can lower their tax burden through smart deductions. From municipal taxes to home loan interest ...

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