The Income Tax Department has now made it possible to file ITR-2 online for the financial year 2024-25. This means taxpayers can easily submit their returns through the e-filing portal without using ...

The Income Tax Department has notified the income tax return forms for FY 2024-25 (AY 2025-26), incorporating the changes in tax laws announced in the July 2024 budget. However, taxpayers will have to ...

While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...

The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...

CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...

The hashtag, #Extend_Due_Date_Immediately, has again been trending on X for the past few days, amid the launch of the new ...

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.