With the due date for filing income tax returns (ITR) upon us, millions of taxpayers are in a last-minute rush to complete their ITR filing before the deadline. While the filing process has become ...

Many people mix up the financial year and assessment year. For income earned in 2024-25, the assessment year will be 2025-26. Pick this carefully or your return will not be valid.

Income Tax Return (ITR) forms for Assessment Year 2026–27 (AY27) have been notified, alongside updates to the compliance ...

Holding foreign stocks, bank accounts or ESOPs? A small mistake in reporting them in your ITR can lead to a penalty of up to Rs 10 lakh. Here’s why Schedule FA is critical and how to avoid common ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

Income Tax Department notifies new ITR forms for AY 2026 27, key changes for salaried taxpayers and professionals, learn how ...