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Pick the right ITR form, gather three documents and know two key dates. Here is the full sequence for filing your return before the July 31 deadline without panic.
Nearly 5.9 crore income tax returns were filed by the July 31 deadline. This number is lower than last year's extended filing period. Major tax concessions were announced during th...
The Annual Information Statement (AIS) may list several high-value financial transactions, but not all of them are taxable. Tax experts say taxpayers should treat the AIS as an inf...
Taxpayers who wish to declare undisclosed foreign assets or foreign-sourced income under the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026) can file Form...
Think your salary determines which income tax return form you should file? It doesn't. The right ITR form depends on your complete income profile — from capital gains and rental in...
Filing your first Income Tax Return (ITR) can feel unfamiliar. From understanding tax regimes to selecting the right ITR form, there are several steps involved, and it is natural t...
ITR 2026: With tax authorities now having access to extensive financial information through multiple reporting systems, experts are advising that salaried employees should move bey...
The Federal Board of Revenue (FBR) has introduced a new income tax return filing support service to help taxpayers resolve technical issues while submitting their Income Tax Return...
The August 31, 2026 ITR filing deadline is approaching for eligible taxpayers with business or professional income whose accounts do not require a tax audit. However, taxpayers wit...
Hello all, I have a few of those 1042's from my July trip but my losses far outweigh my jackpots, therefore a US tax return is in order to get some of my scratch back. I have ne...
The first quarterly TDS and TCS return filing under the Income-tax Act, 2025 is due on July 31, 2026, with new return forms and section codes replacing the old framework. Here's wh...
ITR Filed? Don’t Relax Yet! What Every Taxpayer Should Do After Filing the Return For millions of taxpayers, clicking the “Submit Return” button feels like crossing the finish...
The digitally authenticated report can be used when applying for a job, loan, government benefit or another service requiring tax compliance information.
The deadline for many self-filers passed at the end of July. Here’s what taxpayers can expect now, from automated checks to possible requests for more information.
WazirX has launched Taxlyst, a free platform that generates crypto tax reports from any exchange history. The tool aims to ease tax filing for Indian investors by automating VDA ca...
Every switch and SWP in your active fund portfolio is taxable. See what the July 31 ITR deadline means for your gains, losses, and this year's tax bill.
Verification, revised returns, the Section 143(1) intimation and the refund cycle — a guide to the post-filing journey
The presumptive taxation scheme is designed to simplify tax compliance for eligible taxpayers. Instead of maintaining detailed books of account and calculating actual profits, taxp...
As the July 31 deadline for filing Income Tax Returns (ITRs) approaches, return filing activity has gained significant momentum across the country. The Income Tax Department has an...
Hi,it should,t matter,paper or online,i still get the paper form every year and my salaried earnings are printed in the relevant box.
You can list them on a single FFI (I know this cos it’s what I did and got NT codes for each)
A salaried employee’s failure to file his ITR after switching jobs led to a ₹3.74 lakh penalty, even though the TDS deducted by his employers was reflected in Form 26AS. ITAT Delhi...
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