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
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
Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
22 May, 2026, 07.21 AM IST
Can I claim LTCG exemption in same year if I buy a property before selling existing one?ET Wealth Reader's Query: Will buying an apartment before selling the existing one still allow me to claim long-term capital gains exemptio...
05 May, 2026, 04.15 PM IST
Sold gifted flat for Rs 9 crore and bought new home with husband, paid no tax; ITAT Mumbai rules in favour of taxpayerA woman successfully claimed a tax exemption on the sale of a gifted apartment after reinvesting the proceeds into a new home with her husb...
30 Mar, 2026, 07.34 AM IST
Man sold land for Rs 3.21 crore, denied tax relief under Section 54F: Why ITAT Pune allowed full tax exemptionA Pune man successfully challenged the Income Tax Department, securing a full tax exemption on his Rs 3.21 crore land sale. Despite a techn...
07 Mar, 2026, 11.51 AM IST
Last 2 days left for ITR filing; Step-by-step guide on how to file ITR 1, 2 for free on e-filing ITR portalWith the ITR filing deadline approaching on September 15, 2025, individuals need to file their income tax returns promptly to avoid late fe...
14 Sep, 2025, 01.36 PM IST
How to file ITR if you have sold house or land in FY 2024-25For AY 2025-26, individuals and HUFs selling property can save on capital gains by reinvesting in another property under Section 54/54F. Ch...
07 Sep, 2025, 12.35 PM IST
Taxpayer to pay only Rs 33,000 income tax after selling a house for Rs 70 lakh; ITAT Mumbai ruling explainedA taxpayer successfully challenged the income tax department's LTCG calculation, winning in ITAT Mumbai. The tribunal ruled that indexation...
27 Aug, 2025, 05.26 PM IST
How to file ITR-2 for AY 2025-26 with salary, capital gains, foreign income and others; Here's a step-by-step guideTaxpayers with income from salary, capital gains, or unlisted equity shares can file ITR-2. For AY 2025-26, the ITR-2 excel utility has six...
04 Aug, 2025, 03.58 PM IST
ITR filing 2025: Who can file ITR-2, who cannot file it for FY 2024-25 (AY 2025-26)?For the assessment year 2025-2026, taxpayers using ITR-2 must understand eligibility and new reporting requirements, including capital gain...
01 Aug, 2025, 04.08 PM IST
Got LTCG up to Rs 1.25 lakh? How ITR filing will be easier for you for FY 2024-25Taxpayers filing ITR for FY 2024-25 by July 31, 2025, benefit from the updated ITR-1 form, which now includes reporting of long-term capita...
07 May, 2025, 11.36 AM IST
Who can and cannot file income tax return using ITR-1 for FY 2022-23?Not everybody can file ITR-1 (Sahaj) especially if they have any income from capital gains or income from cryptocurrencies or virtual digit...
31 Jul, 2023, 03.56 PM IST
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...
04 Apr, 2022, 11.24 AM IST
Key changes in ITR-1 and ITR-2 forms for FY 2018-19 that you need to knowHere are nine changes in ITR forms 1 & 2 that you should know about while filing your return for FY19.
19 Jul, 2019, 12.30 PM IST
ITR filed in wrong form will be 'defective': Here's the ITR form which applies to youJuly 31 deadline for individual ITR filing is knocking on our doors but as you rush to file your return make sure you choose correct form.
19 Jul, 2016, 04.11 PM IST
- Tips to speed up your return filing process
Tips to speed up your return filing process
27 Jul, 2010, 07.11 PM IST