Taxpayers can now file their Income Tax Return (ITR) for AY 2025-26 directly through the Income Tax Department’s official ...

For FY 2024-25, the new tax regime is the default, impacting ITR filing. Switching to the old regime requires careful consideration, especially for those with business income who must file Form 10-IEA ...

Filing income tax returns in a hurry can increase the risk of errors, defective returns and, thus, I-T notices. Here’s a last ...

As per the information available on the I-T Department official website, with effect from Assessment Year 2020-21, it is mandatory for every person, who is not required to furnish a return of income ...

Income Tax return filing has only 17 days left before the extended deadline ends, and less than half of the total expected returns have been filed for the assessment year (AY) 2025-26. According to ...

Many had hoped for another ITR filing date extension or even a tax audit report extension, but the Income Tax Department has ...

Income Tax Return Filing 2025: Joint accounts are regular bank accounts that are opened by two people jointly who can enjoy equal benefits when it comes to deposits and withdrawals — including income ...

Income tax notices are official communications regarding discrepancies in tax returns. To manage these notices effectively, ...

The September 15 deadline for income tax ITR filing is just two days away, and surprisingly a lot of people are actively ...

Who can claim an excess income tax refund? Individuals can claim the income tax refund if: - The advance tax is more than the actual tax liability. - The amount of the self-assessment tax exceeds the ...