The Income Tax Department has released ITR forms for FY 2024-25, revising ITR-1 eligibility. Individuals with income up to Rs 50 lakh, incl...

ITR 2 filing start date: The Income Tax Department has enabled online filing for ITR-2. Taxpayers with capital gains and crypto income can ...

The Income Tax Department released the Excel utilities for ITR forms. The ITR-2 excel utility has six changes for the assessment year 2025-...

Income Tax Slabs: Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is nec...

The Income Tax Department has released the Excel utility versions of ITR Forms 1 and 4 for AY 2025-26, enabling taxpayers to prepare for FY...

The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, es...

Over 90 lakh updated Income Tax Returns (ITR-Us) have been filed in the past four years, resulting in Rs 9,118 crore in additional taxes fo...

ITR filing in new Income Tax Bill: Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the complia...

This year, the official IRS filing and payment deadline is April 15. Once you file your taxes, you can track your refund on the IRS website.

Income tax rebate u/s 87A: Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500...

Foreign assets in ITR: Indian residents must report their foreign assets and income in their income tax returns (ITRs) in accordance with t...

Penalty for missing ITR filing deadline: The penalty for late filing of the Income Tax Return (ITR) applies to individuals who fail to meet...

ITR filing deadline: Taxpayers who fail to meet the deadline for submitting a return have the option to submit a late return by December 31...

Last date to file ITR:It is crucial to remember that there may be consequences if you file your income tax return after the July 31 filing ...

Cost of missing ITR filing deadline: Missing income tax return filing deadline of July 31 not only leads to payment of penalty of up to Rs ...

ITR filing FY 2023-24: The Income Tax Department has recently published a set of commonly asked questions (FAQs) to assist taxpayers with t...

The government in Budget 2021 reduced the time limit to file revised income tax return by three months i.e., from March 31 to December 31. ...