ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
15 Jun, 2026, 03.57 PM IST
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
12 Jun, 2026, 07.11 AM IST
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
11 Jun, 2026, 07.43 AM IST
Waiting for Form 16? Here’s when employers may issue it for AY 2026-27 ITR filingSalaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...
04 Jun, 2026, 07.11 AM IST
Why should these taxpayers avoid filing ITR before June 15th for AY 2026-2027Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...
03 Jun, 2026, 07.17 AM IST
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
02 Jun, 2026, 07.11 AM IST
Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
29 May, 2026, 08.16 PM IST
Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...
22 May, 2026, 04.22 PM IST
Who can file ITR-1 this year? Common mistakes to avoid while filing ITR-1 for AY 2026-27 on or before July 31, 2026Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹5...
15 May, 2026, 11.55 AM IST
I-T Dept finds 'discrepancies' in declaration of assets by TMC MLA: SourcesThe Income Tax Department has uncovered discrepancies in assets declared by TMC MLA Debashis Kumar. Seizures from his residence during rece...
19 Apr, 2026, 09.31 PM IST
Got tax notice to pay additional tax? Your TDS claim rejection could be the reason; know when it can happenTax Deducted at Source (TDS): Your tax liability will increase if the tax department disallows your TDS credit claim. Now a TDS credit clai...
03 Oct, 2024, 10.30 AM IST
Income tax refund delayed? These taxpayers won’t get refund unless they confirm it on ITR portalIncome tax refund: No tax refund for identified taxpayers because their income tax return (ITR) has been identified by the 'Risk Management...
10 Sep, 2024, 10.59 AM IST
How long does it take for the tax dept to process income tax return (ITR)ITR filing: Although income tax return (ITR) filing deadline for individuals has passed since quite a while, there are still may ITRs which...
07 Sep, 2023, 02.50 PM IST
Income tax refund: How long does it take to get it?Once the income tax is filed and verified, then an individual waits to get the income tax refund (if any due). However, not many people are...
29 Aug, 2023, 10.20 AM IST
How to check income tax return statusOnce the income tax return is filed by you, the income tax department processes your return and is required to send you the intimation noti...
21 Jun, 2023, 04.05 PM IST
You may end up getting income tax notice if this document is filled with errorIn November 2021, the income tax department has launched the AIS. It may happen that you have forgotten to check it before filing ITR. What...
16 Jun, 2023, 03.08 PM IST