ITR filing: What is updated income tax return and ITR-U? Who can file & what you can’t change – top points to know
Missed the ITR filing deadline Don’t worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within ...
ITR filing: What is updated income tax return and ITR-U? Who can file & what you can’t change – top points to know
Missed the ITR filing deadline Don’t worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within ...
ITR filing FY 2024-25: ITR-6 excel utility for AY 2025-26 released by Income Tax Department — here’s what taxpayers should know
The Income Tax Department has released the Excel utility for ITR Form 6 for AY 2025-26, enabling companies to file returns for FY 2024-25. Several ...
‘Enforcement with empathy’: Income tax department working on rules, forms for new tax bill, says CBDT chief
The Income Tax Department is developing rules for the upcoming Income Tax Bill, 2025. CBDT Chairman, Ravi Agarwal, announced this at the 166th Income Tax ...
ITR filing FY 2024-25: ITR-2 online filing now live on Income Tax portal; check details
ITR filing FY 2024-25: The Income Tax Department has enabled online ITR-2 filing for FY 2024-25, allowing taxpayers with salary, capital gains, and cryptocurrency income ...
ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone may not suffice – why your claim can be rejected
HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent ...
ITR filing FY 2024-25: New versus old income tax regime – what helps you save more tax? Check calculations before filing return
ITR filing FY 2024-25: Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...
e-PAN card fraud alert! Received email prompting PAN Card download? Check important message from Income Tax Department
Be cautious of fraudulent emails claiming to offer e-PAN card downloads. The Press Information Bureau warns these messages are fake and designed to steal personal ...
ITR filing: Why are ITR-2 and ITR-3 forms still not available on Income Tax e-filing portal? Top reasons explained
ITR filing FY 2024-25: Taxpayers filing ITR-2 and ITR-3 face delays as the Income Tax Department hasn’t released the utilities due to extensive changes in ...
Buying farm land to legitimise undisclosed funds? New Tax tribunal ruling a big blow; here’s how these deals work
Tax authorities are scrutinizing agricultural land transactions used to conceal unaccounted money. A recent ITAT verdict, addressing a tax evasion case, could disrupt this practice. ...
