The Income Tax Department released the Excel utilities for ITR forms. The ITR-2 excel utility has six changes for the ...

Choosing the wrong ITR form can render your returns defective, delaying processing and, hence, the refund of any excess tax ...

Always check your Form 26AS and AIS (Annual Information Statement) on the income tax portal prior to filing your ITR. Both of ...

One of the major confusions among taxpayers is regarding the capital gains tax on mutual funds. CA explains how to report ...

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

The tax department linked the changes in the utilities forms for FY2024-25 as a major reason for the delay in the release of ...

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

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

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

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 ...

ITR-6, and ITR-7 utilities is delayed due to technical integration difficulties, raising concerns as deadlines near. Experts cite evolving reporting needs as key factors.