As the financial year 2025–26 has officially ended, taxpayers across India are gearing up to file their Income Tax Returns ...
Income Tax department notifies ITR forms for AY 2026-27, enabling taxpayers to file returns for FY26; deadline for individuals is July 31.
ITR Filing 2026: Tax season is knocking once again. Income Tax Return (ITR) forms for the Assessment Year 2026-27 have been released, and facilities for filing them—both online and offline—are set to ...
New ITR forms for AY 2026-27 require investors to disclose NBFC, HFC and corporate fixed deposit interest under Schedule OS.
ITR filing remains mandatory for super senior citizens in cases where their income exceeds the basic exemption limit, where ...
If your income is low and your taxes come to zero, you might think filing an ITR is not needed. But skipping it could mean missing out on some useful benefits that go beyond just paying tax.
With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...
In India, asset transfers are subject to capital gains tax in the year of transfer, with mandatory reporting in ITR-2 or ...
The updated ITR forms include dedicated sections aligned with presumptive taxation rules under Sections 44B, 44BB, 44BBA, ...