Senior citizens need not choose an ITR form based solely on age. For AY 2026-27, the correct return form depends on the ...

Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

This guide explains how taxpayers can select the correct ITR form based on their income profile and tax status. It highlights eligibility conditions and common mistakes that may lead to defective ...

The Income Tax Department has made the process of filing the ITR-1 (Sahaj) form for Assessment Year 2026-27 extremely simple ...

ITR filing 2025: The deadline for filing Income Tax Returns (ITR) for Assessment Year 2025-26 concluded on 16 September 2025, following a one-day extension by the Central Board of Direct Taxes (CBDT) ...

The Income Tax Department has launched Excel utilities and online filing for ITR-1 and ITR-4 for the Assessment Year 2026-27.

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...

Form 16 is a certificate issued by employers under Section 203 of the Income Tax Act, 1961, that contains details of salary ...

Taxpayers should retain adequate documentation to substantiate the gift, including a gift deed, proof of the donor's identity ...

Most people get tripped up by the same thing: they log into the income tax portal before they have their documents ready, hit ...

Reporting capital gains correctly is essential for investors who sold shares, mutual funds or property during FY26. Here's a ...

Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.