Over 5.5 crore ITRs filed for AY27 so farOver 5.5 crore income tax returns have been filed for AY 2026-27. More than 42 lakh returns were filed on July 30 alone. The deadline for f...
Reporting perquisite as capital gain in ITR by mistake resulted in Rs 6.63 crore penalty for a salaried employee; ITAT Mumbai granted him relief for this reasonRs 6.63 crore penalty imposed on salaried employee for reporting perquisite as capital gains in ITR; ITAT Mumbai grants relief, says salari...
Confused about ITR forms? Here's how to pick the correct ITR for AY 2026-27Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house proper...
Not prepared for ITR filing: Should you file your ITR now with available information or wait and file a belated ITR?Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals....
July 31 isn't the ITR deadline for everyone: Who can file income tax returns by August 31, 2026?The income tax return filing deadline for salaried individuals remains July 31, 2026. However, certain taxpayers with business income can f...
Don’t worry if you miss July 31, 2026 ITR filing due date as belated ITR with late fee can be filed by this date; Know who can file itITR filing deadline: Missing the July 31 income tax filing deadline allows for belated returns. Taxpayers can file a belated return within ...
What if you miss the July 31, 2026 ITR filing due date? Here are your optionsMissing the July 31, 2026 ITR filing deadline incurs a late fee. Belated returns can be filed with interest and a penalty up to Rs 5,000. C...
Rs 1,000 or Rs 5,000 late filing fee for missing ITR filing deadline of July 31? How much fine you may need to pay and whyITR filing deadline: The July 31, 2026, deadline is crucial for many taxpayers filing income tax returns. Missing this date incurs a late f...
ITR filing last date: Will Income Tax Department extend July 31 deadline for FY 25-26? Here's what experts sayITR filing deadline: The July 31 income tax return deadline approaches with many taxpayers yet to file. Experts are divided on whether the ...
ITR filing mistakes to avoid before July 31 deadline: Expert reveals 5 mistakes that can lead to delays, failure of ITR form submissionITR filing : Taxpayers rush to file income tax returns before the July 31 deadline. Common errors include not e-verifying and mismatched pe...
TDS deducted but you haven't filed your ITR yet? Here's what happens if you miss the July 31 deadlineFailing to file your income tax return by July 31, 2026, after TDS deduction has consequences. You will face interest charges and a late fi...
ITR filing deadline of July 31, 2026: With only 4 days left to due date; 5 checks you must complete before submitting formITR filing: Taxpayers have four days remaining to file their Income Tax Return by the July 31, 2026 deadline. It is important to match Form...
Which ITR form should I file as I am a homemaker who has Rs 98,000 dividend income and paid Rs 4000 TDS?ET Wealth Reader's Query: I am 43, a homemaker, with mutual fund investments of Rs 35 lakh and stock investments of Rs 50 lakh, mostly inve...
File your ITR for just Rs 11: Paytm partners with ClearTax; here's how you can file income tax returnITR filing: Paytm users can now file Income Tax Returns directly through the app. This service is available starting at an affordable price...
Rs 17.41 lakh penalty for ITR filing mistake: CA firm's owner's affidavit helps taxpayer get relief in ITAT Mumbai; know howRs 17.41 lakh penalty imposed due to error in ITR filed by junior staff in CA firm; Here's how affidavit from the CA firm's owner helps tax...
Sold multi-asset MFs? Before filing ITR, check the fund’s underlying asset mix as it determines tax treatment; know how to file return on such gainsMulti-asset mutual fund taxation depends on equity and debt exposure. Equity-oriented funds have specific tax rates and holding periods. De...
How to file ITR-3 online on the Income Tax e-filing portal for AY 2026-2027Individuals with business income must file ITR-3 for AY 2026-2027. This form captures various income sources, including salary and capital ...