Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...

Taxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...

Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. ...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...

Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

Manoj 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...

Individuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...

Chartered accountants are facing difficulties accessing the ITR e-filing portal, particularly during peak hours, leading to frustration and...

Flaw in ITR portal 2.0: Experts say there exists many flaws, glitches, etc with the e-filing ITR portal. Although these issues might seem s...

Income tax audit: September 30, 2024 is the last date to upload income tax audit report on the e-filing income tax return (ITR) portal. How...

Budget 2024: Experts opine that the income tax return (ITR) portal be made more user-friendly and a system be in place to check all the not...

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...

However, if one missed July 31 deadline they can file a belated ITR till December 31, 2023. Note that Individuals have to pay a penalty of ...

Infosys has developed the new income tax e-filing portal 'www.incometax.gov.in'.

Of the verified ITRs 1 and 4, over 1.06 crore ITRs have been processed and over 36.22 lakh refunds for the assessment year (AY) 2021-22 hav...

The new portal will be available on the new hyperlink. The new e-filing portal is aimed at providing taxpayer convenience and a modern, sea...