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

Tax Filing Update: Mistakes in your Income Tax Return (ITR) are not uncommon. From entering the wrong income details to missing a deduction or even typing an incorrect bank account number, such errors ...

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

The time is flying for taxpayers, as today is the last date for Income Tax Return (ITR) filing for the assessment year 2025–26. A large number of people have yet to file their ITRs. However, the ...

Choosing an incorrect form may render the return defective and could potentially lead to delays, notices, or ...

For 2024–25 (2025–26 assessment year), the Income Tax Department has released seven different income tax return (ITR) forms—IITR-1 to ITR-7—each tailored to a taxpayer type. Choosing the correct one ...

Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

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 released the income tax return forms for the financial year 2024-25 (assessment year 2025-26). That is, now you can give the account of income and tax paid from 1 April ...

The Income Tax Department has cautioned taxpayers about a fake message doing the rounds on social media and messaging platforms. The false claim suggests that the deadline for filing Income Tax ...

After filing, taxpayers must complete e-verification, which allows the income tax department to authenticate and process the ...

ITR Filing Deadline: Before sitting down to file returns, taxpayers should keep ready Form 16 from their employer, Form 26AS, the Annual Information Statement (AIS), PAN and Aadhaar details, bank and ...