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SECTION 44AE
Presumptive taxation: Rebate to losses & deductions, what is the practical impact of changes under Income Tax Act, 2025Under the old Income Tax Act, 1961, the regime operated under three separate provisions. The new Income Tax Act, 2025 consolidates them int...
Confused about ITR forms? Check the right ITR for salaried, pensioners, students and other taxpayersSalaried individuals, pensioners, and students must select the appropriate ITR form for AY 2026-2027. Taxpayers not requiring an audit can ...
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...
Key changes in ITR 1, 2, 3 and 4 forms in FY 25-26: Reporting of LTCG, buyback losses, F&O, intra-day trading & more; what new forms includeThe Income Tax Department has revised ITR forms for FY 2025-26, introducing new disclosure requirements for capital gains, trading, and for...
Salt Lake businessman loses ₹3.8 crore in Facebook crypto scamA Salt Lake businessman lost Rs 3.8 crore after a woman he met on Facebook convinced him to invest in a fake cryptocurrency platform. He tr...
CBDT extends due date for filing income tax audit report for FY 2024-25 to October 31, 2025 from September 30, 2025Tax audit last date extension: The CBDT has extended the deadline for filing various audit reports for the Previous Year 2024-25 (Assessmen...
Who needs to file income tax audit report for AY 2025-26?For AY 2025-26, businesses exceeding turnover limits and certain professionals must file tax audit reports by September 30, 2025, potential...
ITR e-filing: CBDT enables ITR-U filing via ITR-3 and ITR-4 forms; here's who needs to file it and whyThe Central Board of Direct Taxes has made updated Income Tax Return filing easier. Taxpayers can now use ITR-3 and ITR-4 forms on the e-fi...
ITR-1 and ITR-4 forms enabled for online filing through income tax e-filing portal for AY 2025-26, know who all can file online income tax returnsThe Income Tax Department has launched the online utility for filing income tax returns for FY 2024-25 (AY 2025-26). Currently, only ITR-1 ...
Who is required to conduct an income tax audit and submit its report on e-filing ITR portal by September 30?Income tax audit: The deadline to submit income tax audit report is September 30, 2024 for those who are liable to conduct one. Question is...
What is the deadline for income tax audit for FY 2023-24 and who needs to file audit report?Income tax audit for AY 2024-25: Income tax audit needs to be conducted by certain specified taxpayers by September 30, 2024. "Tax audit re...
ITR-1,4 for income tax return filing FY2023-24 notified by CBDT; last date to file July 31, 2024The Central Board of Direct Taxes (CBDT) has notified the income tax return forms for current financial year i.e. FY 2023-24 (AY 2024-25). ...
Best Panasonic mixer grinders: Unleash precision, power, and perfection in every blendDiscover the ultimate kitchen companion in Panasonic mixer grinders. With cutting-edge technology, these grinders deliver flawless blending...
ITR forms for FY 2021-22 notified, no major changes in income tax return formsThe income tax return forms notified by the CBDT for FY 2021-22 have been kept unchanged. The individuals are required to provide informati...
Income tax return forms for FY 2020-21 notifiedTaxpayers including individuals, Hindu undivided family, professionals and businesses, will be able to avail benefits of savings or investm...
ITR forms for FY18-19 notified: Ask for days of residency, unlisted shares holdingNumber of days of residency in India, holding of unlisted shares are new details to be filled in by the taxpayers.
Here is why truckers are going off the road across the country todayThe strike can push up prices of essential items such as milk and vegetable and disrupt a large number of businesses.
Income tax return form-2 in Java format released for e-filing for FY2017-18ITR-2 can be filed by individuals and Hindu Undivided families having income from any sources except income from profits and gains of busin...
CBDT releases ITR Form-4 for presumptive income from business and professionITR 4 is to be filed those individuals and HUFs who have opted for presumptive income scheme for income from business and profession in the...
- Union Budget 2009-10: Tough on evaders, Saral for SMEs
New tax proposals in the Budget make it tougher for tax evaders, and simpler for small businesses to file returns.