Individuals eligible for presumptive taxation can file ITR-4 online. The due date for filing ITR-4 varies based on tax audit ...

Filing your Income Tax Return is only half the job. Taxpayers must e-verify their ITR within the prescribed deadline, or the ...

Delays, errors, or non-compliance in ITR filing for AY 2026-27 can lead to financial penalties, including fees and interest, ...

Five income tax penalties applicable for AY 2026-27 include late Income Tax Return filing fees, revised return charges and misreporting penalties. Here's why filing your ITR before 31 helps avoid ...

Any delays past the July 31 deadline, omissions, errors, incorrect disclosures or non-compliance can result in additional ...

India, July 24 -- With the July 31 deadline for filing Income Tax Returns (ITRs) fast approaching, speculation about a possible extension is once again circulating on social media. Every year, ...

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

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 ...

From choosing the wrong ITR form to skipping e-verification, taxpayers should watch out for these common errors to avoid defective returns, delayed refunds and scrutiny.

Presumptive taxation simplifies income computation for eligible taxpayers. However, a tax audit may be required if actual ...

ITR-1 is meant for resident individuals with a total income of up to Rs 50 lakh from salary, one house property and other ...