The Income Tax Department has released ITR-1, ITR-3, ITR-4, and ITR-5 forms for the assessment year 2025-26. Income tax payers can now file their ITR returns by choosing either the old tax regime or ...
With the window for assessment of income tax for Assessment Year 2024–25 already open, the very first and the most important step for all taxpayers is to determine the correct Income Tax Return (ITR) ...
Filing Income Tax Return (ITR) is an annual obligation for eligible Indian taxpayers. Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also ...
The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31. Employers are also likely to share Form 16 in the ...
The Income Tax Department has released the income tax return forms for the financial year 2024-25 (assessment year 2025-26). That is, now you can give the account of income and tax paid from 1 April ...
ITR filing 2025: The ITR-6 return form is applicable to companies except those that are required to file returns using ITR-7. Income Tax Return Filing 2025: The Central Board of Direct Taxes (CBDT) ...
Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...
Mumbai: The Income Tax Return (ITR) filing season for the financial year 2024–25 (Assessment Year 2025–26) has started from April 1, 2025. All taxpayers must file their ITR by July 31, 2025, to avoid ...
The ITR filing window will remain open till September 15. The Income Tax (IT) Department has started the process to file the income tax return (ITR) for the financial year 2024-25, corresponding to ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income. Individuals can claim the income tax refund if the advance tax is more than ...