ITR filing: Essential documents you need to file tax returns; September 15 deadline
Taxpayers get an extension until September 15th to file income tax returns for the financial year 2024-25, specifically for those not requiring audits. Accurate filing ...
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-U now online via ITR-1 & ITR-2: E-filing enabled for AY22 & AY23- what you need to know for filing updated income tax returns
The Income Tax Department has facilitated ITR-U filings for AY 2021-22 and 2022-23, extending the correction window to 48 months as per the Finance Act, ...
ITR-3 enabled for e-filing: I-T form covers businessmen, professionals & more— key things to know
The Income Tax Department has facilitated online ITR-3 filing for AY 2025-26, benefiting individuals with income from share trading, business ventures, and unlisted shares. Key ...
ITR filing: What is the basic exemption limit for FY 2024-25 & under what conditions do you still need to file tax return?
Filing income tax returns for FY 2024-25 is necessary if taxable income exceeds ₹3 lakh (new regime) or ₹2.5 lakh (old regime). Mandatory filing also ...
ITR e-filing AY 2025-25: What is Annual Information Statement (AIS) and how is it different from Form 26AS? Top points for taxpayers
The Annual Information Statement (AIS) is a comprehensive tool for taxpayers, offering a detailed view of financial transactions beyond just TDS/TCS. It helps in accurate ...
ITR filing FY 2024-25: Do you need to file your income tax return if TDS has been deducted? Explained
ITR filing FY 2024-25: Indian taxpayers often wonder if filing an Income Tax Return (ITR) is necessary when Tax Deducted at Source (TDS) has been ...
Finance minister Sitharaman to push for timely tax refunds, better services
Tax Refunds: Can We Finally Ditch the Disappointment? Let’s be honest, the words “tax refund” usually conjure up a mix of hope and dread, don’t ...
ITR filing FY 2024-25: What’s new this year? Top things every taxpayer should know before income tax return filing
ITR Filing FY 2024-25: The government has released the ITR forms for FY 2024-25, featuring updates related to capital gains, share buybacks, and MSME payments. ...
Income tax department notifies ITR-U: Extended filing window for updated return, penalties- all you need to know about
Okay, You Messed Up Your Taxes. Now What? ITR-U to the Rescue! So, let’s be honest, tax season. It’s that time of year that strikes ...
