The Income Tax Department has enabled both the online filing facility and Excel utility for ITR-2 for Assessment Year (AY) 2026-27 on its e-filing portal, allowing eligible taxpayers to begin filing ...

ITR filing is mandatory for individuals if their income exceeds the basic exemption limit or if they meet specified ...

The Income Tax Department has initiated online filing for AY 2026-27, with ITR-1 and ITR-4 available since May 15. Senior citizens face challenges in selecting the correct ITR form based on income ...

If you plan to take a loan or credit from any bank or financial institution, you must file your ITR. Many times, banks ask ...

As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, taxpayers should plan based on the currently applicable due dates.

AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...

Investors should report the same transaction dates, quantities, sale value, and holding period that appear in their actual ...

The Income Tax Return filing season is here and many salaried taxpayers who changed jobs during FY 2025-26 are struggling on ...

Income Tax Return filing is beneficial even for those below the exemption limit as it serves as income proof for loans and ...