Clipped from: https://www.financialexpress.com/money/now-file-itr-2-online-with-pre-filled-data-a-big-relief-for-these-taxpayers-3918475/ If you’ve been waiting to file your income tax return (ITR) under Form ITR-2, here’s some good news. The Income Tax Department has finally activated ITR-2 for
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
Income Tax Return Filing 2025: Which ITR should you file? Know types of forms
Clipped from: https://www.financialexpress.com/money/income-tax-return-filing-2025-which-itr-should-you-file-know-types-of-forms-3797643/ Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the taxpayer
Filing ITR without any CA help? Avoid making THESE 5 costly mistakes – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/filing-itr-without-any-ca-help-avoid-making-these-5-costly-mistakes-3896169/ Filing your Income Tax Return (ITR) for FY 2024-25? The deadline has been extended to September 15, 2025. Here’s how salaried individuals can
Return filing season likely to be longer due to structural changes in capital gains tax | Pune News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/pune/return-filing-season-likely-to-be-longer-due-to-structural-changes-in-capital-gains-tax/articleshow/122927865.cms Pune: Tax experts and chartered accountants are expecting a prolonged tax season for the fiscal year 2024-25 (Assessment year 2025-26) because of several
*’Income Tax Department’ among top keywords on Google Trends amid ITR filing rush – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-department-among-top-keywords-on-google-trends-amid-itr-filing-rush-3927645/ ‘Income Tax Department’ has been trending on Google Trends this July, especially in the last 15 days, due to the ITR filing season
*******What Form 10 IEA means for those rejecting India’s default tax regime – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/new-tax-rules-what-form-10-iea-means-for-those-rejecting-indias-default-tax-regime-486441-2025-07-26 Tax experts explain that Form 10-IEA is mandatory for taxpayers with business or professional income, particularly those filing under ITR-3 or ITR-4. Earlier,
*Is interest income taxable under New Tax Regime for senior citizens? Key details here – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/is-interest-income-taxable-under-new-tax-regime-for-senior-citizens-key-details-here-486445-2025-07-26 With income up to Rs 12 lakh now eligible for a rebate under Section 87A, many senior citizens may end up paying zero
*Govt cracks down on crypto tax evasion using AI, collects ₹437 cr from VDAs in FY23 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/indian-government-crypto-tax-compliance-ai-data-analytics-virtual-digital-assets-486476-2025-07-26 The AI tools helped the Income Tax Department collect Rs 437 crore from virtual digital asset (VDA) income in FY 2022–23 alone. To
Rs 437 crore tax collection: For crypto traders, evading income tax is getting difficult as Tax Dept uses AI, data analytics tools – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rs-437-crore-tax-collection-for-crypto-traders-evading-income-tax-is-getting-difficult-as-tax-dept-uses-ai-data-analytics-tools/articleshow/122919681.cms In India, avoiding taxes on bitcoin, cryptocurrencies, and other virtual digital assets is becoming increasingly difficult. The Income Tax Department is increasing its efforts to monitor transactions
*****ITR 2 or ITR 3 -for Speculation Income – Income Tax
Clipped from: https://www.caclubindia.com/forum/itr-2-for-speculation-income-522376.asp Can we file ITR 2 for the person having income from Speculation of shars as well as LTCG & STCG on shares?What if
*****Speculative Income – Meaning, Taxability, Exceptions
Clipped from: https://cleartax.in/s/speculative-income For income tax purposes, the income earned by the taxpayers is categorised under five major heads such as income from salary, income from house property,
Comprehensive*******When to Use ITR 3 vs ITR 2: Key Differences
Clipped from: https://www.taxbuddy.com/blog/itr-3-vs-itr-2-for-income-from-business-capital-gains-and-more Filing the right Income Tax Return (ITR) form is more than just a checkbox on your financial to-do list, it determines whether your
*****Discrepancy in AIS? Income tax department explains how to resolve it easily – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/ais-mismatch-in-itr-filing-heres-how-to-fix-it-as-per-income-tax-dept-guidelines-3922959/ Over 1.62 crore taxpayers have so far filed their income tax returns (ITRs) this assessment year (AY2025-26). The Income Tax Department website shows that as many as
*****AIS/26AS Mismatch May Trigger Tax Notices: What Taxpayer Should Know
Clipped from: https://taxguru.in/income-tax/ais-26as-mismatch-trigger-tax-notices-taxpayer.html Introduction Just last month, a client of mine—a schoolteacher—received an unexpected notice for underreporting interest income of only ₹1,000. She was shocked because
*Avoid penalties: Fix AIS discrepancies before submitting ITR; Here’s what to do – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/ais-discrepancies-correction-income-tax-department-ay-2025-26-485186-2025-07-18 If your Annual Information Statement (AIS) shows incorrect data, it’s important not to ignore it. Errors or mismatches in the AIS can lead
1*******Investor sets off F&O loss against capital gains, slashes surcharge from 15% to 10%; expert explains how – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/investor-sets-off-fo-loss-against-capital-gains-slashes-surcharge-from-15-to-10-expert-explains-how-486423-2025-07-25 Many taxpayers involved in F&O trading frequently miss reporting their trading income in their tax returns, mainly due to lack of awareness. However,
ITAT Allows HRA Exemption of ₹7.8 Lakh for Salaried Employee, Slams CPC for Erroneous Disallowance [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itat-hra-exemption-salaried-employee-slams-cpc-erroneous-disallowance-1428611 he Revenue’s representative also conceded that the CPC’s decision was flawed and agreed to a fresh verification by the Assessing Officer The Income
Clipped from: https://economictimes.indiatimes.com/wealth/tax/ltcg-tax-paying-only-12-5-tax-on-capital-gains-accounts-scheme-withdrawals-while-filing-itr-fy2024-25-tax-dept-could-soon-raise-tax-demand/articleshow/122897199.cms Under the Capital Gains Accounts Scheme, taxpayers can deposit uninvested capital gains in a designated bank account and later use the funds for
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