Taxpayers who held unlisted equity shares at any time during the financial year must disclose them in their ITR, even if they ...

Individuals with business income must file ITR-3 for AY 2026-2027. This form captures various income sources, including ...

Once ITR is filed if Section 143 (1) intimation notice with tax demand is sent; respond to it within 30 days else you can be ...

Filing your Income Tax Return (ITR) is not the final step in the tax filing process. Taxpayers must also e-verify their return within the prescribed timeline, failing which the return may be treated ...

The last date to file the ITR for FY 2026 is July 31, 2026. According to the Income Tax Department, 3.15 crore income tax returns have been filed so far. However, only 2.96 crore returns have been ...

Throwing away old tax records too soon can create real problems if you later receive a notice, need to file a revised or ...

The Income Tax Department allows taxpayers to discard an Income Tax Return (ITR) and file a fresh one if they spot mistakes ...

With the July 31 deadline to file Income Tax Returns approaching, taxpayers should complete a few key checks before filing.

In India, intraday and F&O trading profits are taxed differently. Intraday trading is speculative business income, while F&O ...

Finance Act 2026 amends Section 139 to clarify ITR due dates based on taxpayer category, conditions and nature of income instead of ITR ...

Resident taxpayers must report foreign assets in Schedule FA, disclose overseas income, and file Form 67 to claim Foreign Tax ...