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
What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
13 Jun, 2026, 12.42 PM IST
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
08 Jun, 2026, 01.39 PM IST
Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
01 Jun, 2026, 11.44 AM IST
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...
09 May, 2026, 11.00 AM IST
ITR forms yet to be notified by Income Tax Department: Will it lead to ITR filing deadline extension?ITR filing deadline 2025: The income tax department has not yet notified the income tax return forms. As the one month is about to pass, wi...
29 Apr, 2025, 05.12 PM IST
CBDT enables ITR filing for FY 24; 23,000 returns filed in 4 daysITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2 is filed by p...
04 Apr, 2024, 08.52 PM IST
CBDT announces new ITR forms for Assessment Year 2024-25The Income Tax department has notified the Income-tax Return Forms (ITR Forms) 2, 3, and 5 for the Assessment Year (AY) 2024-25, effective ...
02 Feb, 2024, 07.49 PM IST
CBDT releases ITR forms for FY 2022-23 (AY 2023-24)There are no major changes in the ITR forms notified by the government. The income tax return forms will differ for taxpayers depending on ...
24 Apr, 2023, 03.35 PM IST
ITR filing: CBDT proposes one common ITR form for most taxpayers; know detailsThe Central Board of Direct Taxes (CBDT) has proposed to merge all the existing ITR forms except ITR 7. The income taxpayers will get an op...
04 Nov, 2022, 03.33 PM IST
Common ITR form for individuals in the worksThe Central Board of Direct Taxes (CBDT) has proposed a common income-tax return (ITR) for individuals by merging all the existing returns ...
01 Nov, 2022, 11.57 PM IST
Order of ITR filing deadline extension to Sept 30 is fake: CBDTThere had been rumours that the deadline may be extended again. There had been images of an order issued by the CBDT circulated in social m...
30 Aug, 2019, 02.09 PM IST
No change in ITR forms, only utility software updated: CBDTCBDT issued a statement saying the updating process of these forms' utility software does not hamper the filing of returns, the deadline fo...
19 Jul, 2019, 12.26 PM IST
ITR-1 form for AY 18-19 now available for e-filingThe new ITR forms for the AY 2018-19 mandate the salaried class assessees to provide their salary breakup, and businessmen their GST number...
18 Apr, 2018, 09.53 AM IST
CBDT declares Aug 31 as deadline for clearing pending ITRs, refundsThe department had introduced the e-validation of ITRs by using the Aadhaar and bank account numbers last year.
09 May, 2016, 11.02 PM IST
High Court defers plea on tax audit, leaves chartered accountants edgyThey apprehend that the plea will become irrelevant if the court does not give its ruling on Thursday as deadline for filing returns is Sep...
16 Sep, 2014, 04.00 AM IST
CBDT extends deadline for sending ITR-V by postThe CBDT has extended the deadline for filing a fresh ITR-V to March 31 for cases where postal receipts did not reach the tax office in Ban...
11 Feb, 2014, 02.21 PM IST