As the ITR filing season for Assessment Year 2025–26 is underway, taxpayers—especially small filers using ITR-1—are facing a growing challenge: discrepancies in the Annual Information Statement (AIS).

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

Income Tax Department's crackdown on fraudulent tax claims reveals misuse of deductions and exemptions under various sections ...

As the Income Tax Return (ITR) filing season continues, over 1 crore taxpayers have already filed their returns. In a relief to taxpayers, the government has extended the ITR filing deadline from 31st ...

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

The income tax department has initiated a nationwide verification operation targeting fraudulent claims of deductions and ...

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 ...

As the deadline to file Income Tax Returns (ITR) for Assessment Year 2025-26 (FY 2024-25) approaches, many taxpayers are ...

This large-scale verification follows detailed analysis of misuse of beneficial provisions like deductions u/s 10(13A), 80GGC ...

The I-T department initiated a large-scale verification operation across multiple locations in the country on Monday, ...

While there is no official guarantee, early filing may offer certain advantages - particularly when the return is accurate ...