To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

Seven different ITR forms were notified in April last year, so it is expected that the tax department will soon make ...

The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is designed for individuals and Hindu Undivided Families (HUFs) who do not have any ...

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or other sources.

Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the taxpayer categories, such as individuals, Hindu Undivided Family (HUF), ...

Filing Income Tax Returns (ITR) is a yearly obligation for every eligible taxpayer in India. With the government's push towards digitization, the process of filing ITR online has become much ...

Only a few months are left to file ITR. The new financial year started yesterday i.e. 1st April. From now on, taxpayers can ...

ITR filing FY2026: As the fiscal year 2024-25 draws to a close, taxpayers should prepare to submit their Income Tax Returns (ITR) for Assessment Year 2025-26. The filing process will commence on ...

ITR Filing: Taxpayers are eagerly waiting to know when they can file their Income Tax Returns (ITRs) for the assessment year ...