Clipped from: https://www.financialexpress.com/money/new-i-t-return-form-eases-disclosure-burden-formiddle-income-professionals-3830679/ CBDT notifies ITR-3 for AY 2025-26, easing disclosure for middle-income professionals. Key changes include higher asset threshold, split capital gains reporting, simplified deductions,
Month: July 2025
1*******Understanding Income Tax Regimes: Old vs New – A Complete Guide – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/understanding-income-tax-regimes-old-vs-new-a-complete-guide-3868955/ In this article, we will dive deep into both tax regimes – Old Tax Regime and New Tax Regime. The write-up will explain
1*Income Tax Returns AY2025-26: Key Documents Required to File ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-returns-ay2025-26-key-documents-required-to-file-itr-3813320/ It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be
1*7 ITR Forms notified with changes for AY 2025-26: Here’s how to select the right one for you – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/7-itr-forms-notified-with-changes-for-ay-2025-26-heres-how-to-select-the-right-one-for-you-3842921/ The Central Board of Direct Taxes (CBDT) has released a new set of Income Tax Return (ITR) forms — which will be applicable
1***How to file ITR online: Step-by-step guide for e-filing income tax return for AY2025-26 – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-to-file-itr-online-step-by-step-guide-for-e-filing-income-tax-return-for-ay2025-26-3865728/ Though ITR filing can still be done via offline and online mode both, most taxpayers nowadays prefer filing ITR online using the Income
1*E-verification of ITR: Here is how to complete your tax filing process | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/e-verification-of-itr-here-is-how-to-complete-your-tax-filing-process-125071700607_1.html You must e-verify your ITR within 30 days of filing to complete the process. Here’s how to do it easily using Aadhaar OTP,
*****Income Tax Guide FY 2025-26: Step by step Tax Filing, ITR Forms, Income Tax Explainers, Income Tax news, Tax FAQs & Calculator | The Financial Express
clipped from: https://www.financialexpress.com/money/income-tax/itr-guide/ Income Tax Return 2025: What is ITR filing due date for AY 2025-26? This extension will provide more time due to significant revisions
1*Income Tax Guide FY 2025-26: Step by step Tax Filing, ITR Forms, Income Tax Explainers, Income Tax news, Tax FAQs & Calculator | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-guide/ Income Tax Return 2025: What is ITR filing due date for AY 2025-26? This extension will provide more time due to significant revisions
Income Tax Guide FY 2025-26: Step by step Tax Filing, ITR Forms, Income Tax Explainers, Income Tax news, Tax FAQs & Calculator | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-guide/?ref=Trendingtabs This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections. This ensures a
*******UIDAI deactivates 1.17 crore Aadhaar numbers of deceased persons; new portal launched to report family member’s death online – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/uidai-deactivates-1-17-crore-aadhaar-numbers-launches-online-death-reporting-service-3917472/ UIDAI has deactivated 1.17 crore Aadhaar numbers of deceased individuals as part of its database cleanup drive. It has also launched a new
1*******Indian engineer wins Rs 69-lakh unexplained investment income tax case in ITAT Mumbai on these technical grounds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/indian-engineer-wins-rs-39-lakh-unexplained-investment-income-tax-case-in-itat-mumbai-on-these-technical-grounds/articleshow/122614253.cms Indian engineer working in Dubai since 1997 wins Rs 69 lakh income tax unexplained investment case in ITAT Mumbai on this technical ground
*Husband can’t seek wife’s private info or passwords: Chhattisgarh HC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/chhattisgarh-hc-husband-wife-privacy-passwords-domestic-violence-125071601385_1.html The bench stated that any such compulsion by a husband amounts to a breach of the wife’s right to privacy and would invite
*What you should know about this emerging digital gateway for relaxed tax filing and compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-you-should-know-about-this-emerging-digital-gateway-for-relaxed-tax-filing-and-compliance/articleshow/122570810.cms At a time when tax compliance is associated with anxiety, delays, and unending paperwork s fixmytax seems to have emerged as a breath
*******Income Tax Dept cracks down on bogus claims of tax deductions like 80GGC; What can taxpayers do? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-dept-cracks-down-on-bogus-claims-of-tax-deductions-like-80ggc-80d-what-can-taxpayers-do/articleshow/122565662.cms If during an income tax raid, a taxpayer is found to have claimed bogus deductions to reduce taxable income, can they be jailed?
1*******How much tax NRIs have to pay on selling property in India? Understand the new math – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-much-tax-nris-have-to-pay-on-selling-property-in-india-understand-the-new-math-3916639/ After the 2024-25 Budget, NRIs selling property in India face new tax rules. The government has introduced a flat 12.5% LTCG tax without
1*******Want to cut taxes on rental income? CA explains 4 step formula to claim maximum deductions – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/home-loan-tax-deductions-sbi-mclr-rate-cuts-emi-relief-484790-2025-07-16 Paying too much tax on your rental income? You might be missing key deductions. A 4-step formula shared by a CA can help
1-*******ITR 3 Excel utility: Significant changes introduced for AY 2025 26; check details before ITR filing – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-3-excel-utility-significant-changes-noted-for-ay-2025-26-check-details-before-itr-filing-484873-2025-07-16 The ITR-3 Excel utility for Assessment Year 2025-26 introduces major updates, including enhanced disclosure requirements for deductions, capital gains segregation, and new reporting
1-*******ITR-3 Excel utility for AY 2025-26: Seven major changes in ITR-3 Excel utility that all taxpayers including stock traders should note – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-ay-2025-26-seven-major-changes-in-itr-3-excel-utility-that-all-taxpayers-including-stock-traders-should-note/articleshow/122509059.cms Seven changes in ITR-3 excel utility for AY 2025-26 (FY 2024-25) The Excel utilities of all income tax return (ITR) forms are now out, including
1***Capital gain tax ready reckoner: Listed equity, unlisted equity, gold, house property, and other assets for ITR filing FY 2024-25 (AY 2025-26) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/capital-gain-tax-ready-reckoner-listed-equity-unlisted-equity-gold-house-property-and-other-assets-for-itr-filing-fy-2024-25-ay-2025-26/articleshow/122559999.cms The capital gains rules got updated starting July 23, 2024, for the fiscal year 2024-25. Since these changes happened mid-year, both the old