The Income Tax Department has enabled online filing of ITR-5 and ITR-7 forms for Assessment Year (AY) 2025–26. Both forms are now available on the official e-filing portal with pre-filled data to make ...
Filing your income tax return (ITR) might seem overwhelming at first, but with the right steps, it's actually quite straightforward—especially when done online. And here's a bit of relief for crores ...
ITR filing mistakes: Tax advisory platform Tax Buddy recently highlighted a real-world case study to caution taxpayers about the importance of verifying their Annual Information Statement (AIS) before ...
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing due date for AY 2025-26 from July 31 to September 15. The CBDT, in a press release, said the due date has been ...
Filing income tax returns for FY 2024-25 is necessary if taxable income exceeds ₹3 lakh (new regime) or ₹2.5 lakh (old regime). Mandatory filing also applies to high-value transactions like large ...
ITR filing in the nation is primarily based on annual income thresholds, taxpayers' slab with specific exemptions outlined for the unemployed and students. It is prudent for all taxpayers below the ...
The deadline to file Income Tax Returns (ITR) for the financial year 2025-26 ends tomorrow, September 15. ITR 2025: The due date was extended from July 31 after tax professionals flagged technical ...
Reconciliation should be done between the dividend records you maintain, statements from companies or mutual funds, and amounts in Form 26AS/TIS. Dividend income may appear differently across personal ...