Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
01 Jun, 2026, 07.11 AM IST
Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
29 May, 2026, 04.51 PM IST
ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portalIndividuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...
27 May, 2026, 11.06 AM IST
AIS data errors, wrong PAN entries causing ITR filing troubleErrors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...
26 May, 2026, 12.03 AM IST
Income tax return AY 26-27: Excel utility, online filing for ITR-1, and ITR-4 forms now available on e-filing portalIncome tax return AY 26-27: The Income Tax Department has launched Excel utilities and online filing for ITR-1 and ITR-4 for the Assessment...
15 May, 2026, 12.25 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
ITR filing 2026: Don’t miss these key income tax deadlines for FY 2025–26 (AY 2026-27)Navigating income tax deadlines for FY 2025-26 (AY 2026-27) is crucial to avoid penalties. The Income Tax Department has set specific due d...
24 Apr, 2026, 11.48 AM IST
Got salary arrears after resigning? Use Form 39 to avoid higher tax in 2026–27Resigning from a job in FY 2025-26 and receiving salary arrears in FY 2026-27 can lead to a higher tax liability. To avoid this, taxpayers ...
18 Apr, 2026, 07.01 AM IST
Filing ITR just got easier: This new AI chatbot helps with income tax queries, forms and rules; check detailsThe Income Tax Department has launched Kar Saathi, an AI chatbot on its revamped portal to simplify tax filing. This tool offers 24/7 assis...
09 Apr, 2026, 04.30 PM IST
Revised Income Tax Return due date extended to March 31, 2026? No; Here’s whyBudget 2026 extended the revised Income Tax Return (ITR) filing deadline to March 31, but this change is effective from Assessment Year 202...
31 Mar, 2026, 04.47 PM IST
ITR filing 2026: Government releases ITR forms for AY 2026–27; check details of ITR-U and ITR-VNew Income Tax Return forms are now available for Assessment Year 2026-27. The updated ITR-U form allows taxpayers to correct past filings....
31 Mar, 2026, 01.00 PM IST
CAs point to glitch in ITR software resulting in taxpayers getting a little less tax refund; what it means for youA system error in the Income Tax Return software is causing taxpayers to receive slightly lower refunds. Chartered Accountants have identif...
19 Aug, 2025, 02.47 PM IST
Making these common mistakes with ITR-2 and ITR-3 while using excel based utilities? Here's how you can fix itTaxpayers filing ITR-2 and ITR-3 using Excel utilities can encounter errors leading to incorrect tax calculations and potential rejection o...
14 Jul, 2025, 10.38 AM IST
Can you correct a mistake in your filed income tax return before verifying it?You have submitted your ITR and yet to verify it. However, at this stage you discover a mistake made in the filed ITR. Can you skip verifyi...
30 Jul, 2023, 08.42 AM IST
Earned capital gains? You must cross-check your AIS before filing ITRThe Annual Information Statement or AIS is the statement containing details of the financial transactions undertaken last year. The stateme...
28 Jul, 2022, 02.52 PM IST
Income Tax department to refund excess interest, late fee paid while filing ITR for FY21"Taxpayers have been advised to use the latest version of the ITR preparation software or file online. If, by any chance, someone has alrea...
12 Aug, 2021, 09.34 AM IST
Getting 'invalid XML' error while uploading ITR? Here's how you can fix itYou can get an 'invalid XML error' message if you have altered or edited the XML file generated from the ITR utility/form before uploading ...
01 Dec, 2020, 12.47 PM IST