Clipped from: https://cleartax.in/s/itr3 The ITR-3 form is specifically designed for individuals and Hindu Undivided Families (HUFs) engaged in business or profession, who are required to maintain books of accounts.
Category: Income Tax
*******ITR filing FY 2024-25: Taxpayers take note! These 7 changes in new ITR forms excel utilities are important – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-filing-fy-2024-25-taxpayers-take-note-these-7-changes-in-new-itr-forms-excel-utilities-are-important/articleshow/121652901.cms The income tax department has introduced new validation rules in the Excel-based ITR-1 and ITR-4 forms for FY 2024–25 (AY 2025–26), requiring more
*******ITR Filing FY 2024-25: Have you got an Income Tax notice? Don’t ignore it! Top types of tax notices & actions required – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-filing-fy-2024-25-have-you-got-an-income-tax-notice-dont-ignore-it-top-types-of-tax-notices-actions-required/articleshow/121724945.cms ITR filing FY 2024-25: As the Income Tax Return filing season for FY 2024-25 (AY 2025-26) begins, it’s important to understand that merely
*******ITR filing FY 2024-25: Several changes in Form 16! Top things salaried taxpayers shouldn’t miss – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-filing-fy-2024-25-several-changes-in-form-16-top-things-salaried-taxpayers-shouldnt-miss/articleshow/121776720.cms ITR filing FY 2024-25: By June 15, 2025, employers must issue Form 16 to their salaried taxpayers for the fiscal year 2024-25. This
*******ITR e-filing AY 2025-25: What is Annual Information Statement (AIS) and how is it different from Form 26AS? Top points for taxpayers – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-e-filing-ay-2025-25-what-is-annual-information-statement-ais-and-how-is-it-different-from-form-26as-top-points-for-taxpayers/articleshow/121958024.cms ITR filing FY 2024-25: When filing your income tax return for FY 2024-25 (AY 2025-26), the Annual Information Statement is an important document
*******ITR filing FY 2024-25: Do you need to file your income tax return if TDS has been deducted? Explained – Times of India
lipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-filing-fy-2024-25-do-you-need-to-file-your-income-tax-return-if-tds-has-been-deducted-explained/articleshow/121912578.cms ITR filing FY 2024-25: It’s that time of the year when every taxpayer gets together documents to file their income tax return. This
*******ITR e-filing FY 2024-25: What is the benefit of pre-filled ITR forms on the income tax portal? Top points – Times of India
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
*******Didn’t report your crypto earnings? Income tax dept sending tax notices, conducting search & seizure for undisclosed income; know your options – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/didnt-report-your-crypto-earnings-income-tax-dept-sending-tax-notices-conducting-search-seizure-for-undisclosed-income-know-your-options/articleshow/121987926.cms Didn’t report your crypto earnings? Income tax dept sending tax notices, conducting search undefined know your options The Income Tax department has sent bulk emails
Faster tax refunds ahead: NPCI enables real time PAN and bank account checks – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/npci-pan-validation-api-bank-account-linking-tax-refunds-481257-2025-06-20 The National Payments Corporation of India (NPCI) has launched a new real-time validation facility for PAN and bank account details, aimed at streamlining
Foreign asset declarations jump 45% as I T dept cracks down on unreported income, says Finance Ministry – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/foreign-asset-declarations-jump-45-as-i-t-dept-cracks-down-on-unreported-income-says-finance-ministry-481263-2025-06-20 The government said as many as 24,678 taxpayers reviewed their Income Tax Returns (ITRs) and 5,483 taxpayers filed belated returns for the Assessment
*******Tax relief: First time homebuyers are missing a Rs 50,000 tax break — even banks don’t flag it, says expert – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/section-80ee-tax-deduction-first-time-homebuyers-missed-savings-481266-2025-06-20 Many first-time homebuyers are unknowingly missing out on a valuable tax benefit—an additional ₹50,000 deduction under Section 80EE of the Income Tax Act.
Your queries: Loans – Cannot file ITR after belated return cut-off – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-cannot-file-itr-after-belated-return-cut-off-3887450/ Missed an ITR filing deadline? Learn about your options, from belated returns to updated ITR (ITR-U), and when they apply. For unresolved ITR
Dual income couple: Split HRA, home loan – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/dual-income-couple-split-hra-home-loan-3887530/ Dual-income households in India have significant financial advantages, particularly in optimizing tax savings. Smart Tax Saving for Dual-Income Couples in India. (Image Source:
*******ITR filing 2025: How much HRA can be claimed without rent receipts? Know the latest rules – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-2025-how-much-hra-can-be-claimed-without-rent-receipts-know-the-latest-rules-3886721/ So, if you are employed and live in a rented house, you can avail the benefit of HRA while filing Income Tax Return
*******ITR 2025: Seven Essential Checks for Salaried Individuals before you Hit “Submit”
Clipped from: https://www.taxscan.in/top-stories/itr-2025-seven-essential-checks-for-salaried-individuals-before-you-hit-submit-1425311 From selecting the appropriate tax regime to matching the figures in Form 16 with those in your Form 26AS, all salaried individuals must
*******Undisclosed crypto income: Respond to taxman’s notice, file revised return
lipped from: https://www.business-standard.com/finance/personal-finance/undisclosed-crypto-income-respond-to-taxman-s-notice-file-revised-return-125061800747_1.html Underreporting or misreporting crypto income can lead to penalties ranging from 50 to 200%, even imprisonment of up to seven years The Income-Tax
*******Which ITR form you should use to file your income tax return depends on your income sources and taxpayer category: Here’s how to pick right – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/which-itr-form-you-should-use-to-file-your-income-tax-return-depends-on-your-income-sources-and-taxpayer-category-heres-how-to-pick-right/articleshow/121530539.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Salaried employees with no more than one source of income can opt for ITR-1 Choosing the right ITR form is the first and most crucial
*******How to file your ITR without a CA: Step-by-step guide for salaried individuals to file income tax return – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-to-file-your-itr-without-a-ca-step-by-step-guide-for-salaried-individuals-to-file-income-tax-return-3884006/ Want to file your ITR without hiring a Chartered Accountant? If you’re a salaried individual with simple income sources, filing your income tax
*******How to file your ITR without a CA: Step-by-step guide for salaried individuals to file income tax return – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-to-file-your-itr-without-a-ca-step-by-step-guide-for-salaried-individuals-to-file-income-tax-return-3884006/ Want to file your ITR without hiring a Chartered Accountant? If you’re a salaried individual with simple income sources, filing your income tax
*******Advance tax without CII: Indexation helps property sellers save LTCG tax, but CII not being notified for FY26, what should they do? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/advance-tax-without-cii-indexation-helps-property-sellers-save-ltcg-tax-but-cii-not-being-notified-for-fy26-what-should-they-do/articleshow/121827705.cms ET OnlineProperty sellers can pay lower capital gains tax due to indexation but have to pay advance tax for Q1 FY 2025-26 using
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