Category: Income Tax

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-itrs-update-2024-25-new-rules-form-10-iea-share-buybacks-482164-2025-06-27 The Income Tax Department has rolled out significant changes for the financial year 2024-25 (assessment year 2025-26), updating validation rules for income tax

lipped from: https://www.businesstoday.in/personal-finance/tax/story/file-itr-accurately-or-risk-hefty-fines-interest-jail-time-warns-ca-anupam-sharma-482253-2025-06-27 With tax season underway for Assessment Year 2025-26, experts are warning taxpayers to avoid errors in their income tax returns that could trigger

Clipped from: https://www.financialexpress.com/money/pay-additional-taxes-now-on-fy25-income-to-save-on-interest-outgo-3895468/ While the Income Tax Return (ITR) filing deadline for AY 2025-26 has been extended to September 15, 2025, taxpayers are urged to pay

lipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-itrs-update-2024-25-new-rules-form-10-iea-share-buybacks-482164-2025-06-27 The Income Tax Department has rolled out significant changes for the financial year 2024-25 (assessment year 2025-26), updating validation rules for income tax

Clipped from: https://www.financialexpress.com/money/new-income-tax-rules-2025-tax-authorities-will-investigate-your-itr-if-tds-claim-is-3894448/ The Income Tax Return (ITR) filing for the financial year 2024-25 (Assessment Year 2025-26) has picked up pace with more than 60 lakh

Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-is-form-26as-ais-and-tis-in-income-tax/articleshow/122094661.cms Form 26AS, AIS and TIS are a few key documents which taxpayers must view before filing their income tax returns.. The Annual Information Statement (AIS), the Taxpayer Information Summary (TIS),

Clipped from: https://www.financialexpress.com/money/received-salary-from-two-employers-in-fy-2024-25-heres-how-to-file-your-itr-correctly-3892254/ Here’s a simple step-by-step guide to help you file your ITR correctly, reduce errors, and stay compliant while maximising your eligible tax benefits.

Clipped from: https://www.financialexpress.com/money/can-you-legally-claim-both-hra-and-home-loan-interest-deductions-in-itr-heres-what-income-tax-rules-say-3892319/ ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if

Clipped from: https://www.financialexpress.com/money/income-tax-new-itr-rules-penalty-up-to-200-percent-on-claiming-false-deductions-3890837/ Even small errors in filing ITR can lead to a big trouble. Here are some common mistakes that you should avoid. Even if

Clipped from: https://economictimes.indiatimes.com/wealth/tax/documents-for-itr-filing-fy-2024-25-ay-2025-26-eight-documents-you-need-to-file-income-tax-return/articleshow/122040555.cms The last date to file income tax return for FY 2024-25 (AY 2025-26) has been extended from July 31, 2025, to September 15, 2025, by

Clipped from: https://www.taxscan.in/top-stories/taxscan-360-income-tax-rectification-time-limits-and-grounds-for-seeking-rectification-us-154-1425778 The Supreme Court has clarified that mistakes requiring long-drawn arguments or where two opinions are possible do not fall within the ambit of

Clipped from: https://www.deccanherald.com/business/everything-you-need-to-know-about-filing-itr-form-3-3532878 The Income Tax department has notified ITR form 3 to be filed by individuals and Hindu Undivided Family (HUF) having income from business

Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-e-filing-fy-2024-25-what-is-the-benefit-of-pre-filled-itr-forms-on-the-income-tax-portal-top-points/articleshow/121953183.cms Income Tax Return Filing FY 2024-25: The Income Tax Department has been aiming to make the e-filing of income tax returns easier for

Clipped from: https://www.financialexpress.com/money/itr-filing-2025-when-will-offline-utilities-for-itr-2-and-itr-3-be-released-users-seek-clarity-3889690/ While the Excel utility for ITR-1 and ITR-4 is already available, taxpayers are urging the Income Tax Department to release the utilities for

lipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-due-date-extended-but-deadline-to-pay-final-tax-without-penalty-is-july-31-or-sept-15-now-for-fy-2024-25/articleshow/122018340.cms The income tax department has extended the due date to file an income tax return for FY 2024-25 (AY 2025-26) from July 31, 2025, to