As per the new rules, taxpayers need to report turnover and income from futures and options (F&O) trading. In the new forms, ...

T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay ...

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

The Income Tax e-filing portal helps taxpayers identify the correct ITR form through eligibility conditions and a guided ...

Taxpayers can face late filing fees, interest and penalties for different types of income tax defaults. Here's a simple guide to the key provisions under the Income Tax Act and what they could cost ...

An income tax refund can be used to improve personal finances, such as repaying high-cost debt, building an emergency fund or ...

One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data ...

First-time ITR filing is easy with JioFinance: plan taxes, upload Form 16, auto-select ITR forms, file DIY or with CA support ...

Income Tax Return filing is beneficial even for those below the exemption limit as it serves as income proof for loans and ...

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

Income Tax Filing 2025-26: July marks the beginning of one of the busiest periods in India's tax calendar. For millions of ...