While the new regime offers reduced tax slabs, it doesn’t let you claim the usual deductions available under the old regime.

When you file income tax regime, you should keep few things in mind such as the deductions you want to claim, exemption for ...

The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of ...

Taxpayers, take note! The Income Tax Department has officially released ITR forms 1 to 5 for Assessment Year 2025-26. Here’s ...

Experts unpack the new ITR-2 form for AY 2025-26, simpler for many, stricter for those with capital gains, foreign assets, or buybacks ...

Krishna (Fictional Character): Arjuna, just as the seasons change, the rules for income tax filing change as well. The ...

ITR-1 (Sahaj) filing for AY 2025-26 is open. Check eligibility, key updates, and a step-by-step guide for a smooth filing ...

Addressing the issue of the notice under Section 143 (2), the hospital highlighted that on October 26, 2015, it only submitted a copy of the e-filing acknowledgment of its return, which was originally ...

Form 26AS is a tax passbook linked to your PAN (Permanent Account Number). It is issued by the Income Tax Department and ...

Individual taxpayers who are not required to get their accounts audited must file their Income Tax Return (ITR) for the Assessment Year 2025-26 by July 31.

After a long wait, the Central Board of Direct Taxes (CBDT) has finally notified the Income Tax Return Forms ITR-1 and ITR-4 ...

Budget, the government proposed a comprehensive review of the Income-tax Act of 1961. Union Finance and Corporate Affairs ...