As the 31 August deadline nears, taxpayers can use the Income-Tax Department’s Excel Utility for ITR-5 and ITR-7 on the ...

Filing income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful ...

The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you ...

The choice between the old and new tax regimes is not a one-size-fits-all decision. While the new regime offers lower tax ...

The official season for filing income tax return (ITR) has begun and taxpayers are busy compiling their documents, reaching ...

Crypto gains have to be disclosed under Schedule VDA while filing ITR-2 or ITR-3, depending on the taxpayer's profile.

While the nature of income differs across taxpayers, some common mistakes can lead to avoidable interest and compliance ...

CBDT has notified revised ITR-2 for AY 2026-27 with changes to capital gains, buy-back reporting, disclosures, due dates and filing ...

The Annual Information Statement (AIS) may list several high-value financial transactions, but not all of them are taxable.

Indian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and ...

Because there are some financial transactions that could make you ineligible to file ITR-1 and require you to switch to ITR-2 ...

Salaried individuals, pensioners, and students must select the appropriate ITR form for AY 2026-2027. Taxpayers not requiring ...