A common mistake taxpayers make is opting for the incorrect tax return form. For instance, instead of ITR-2, a taxpayer may ...

Taxpayers can now file their Income Tax Return (ITR) for AY 2025-26 directly through the Income Tax Department’s official ...

Tax notices may be sent irrespective of whether returns have been filed or not. It is important to first verify the authenticity of any notice on the official Income Tax Portal, as fraudulent notices ...

Consulting with a Chartered Accountant for ITR filing: Here, the website's platform will set up a call or video call with their in-house CA/tax expert for a defined time, say 45 minutes. You can clear ...

Even though the Income Tax Department has improved its systems and managed to process many returns quickly, a huge number of ...

Jio Financial Services Limited Monday launched a tax planning and filing module for Indian taxpayers on the JioFinance App.

The ₹24 plan applies only to salaried individuals with income up to ₹5 lakh and a single Form-16. It excludes business owners, those with multiple income sources, capital gains, or foreign assets.

Despite major upgrades to backend systems and quicker processing for many, a significant portion of refunds is stuck due to ...

Joint bank accounts offer convenience for couples and families, but they can create unexpected tax complications when transactions like fixed deposits are reported under both account holders’ PANs.

Some tax experts argue that since the law is currently on the taxpayer’s side, the 87A rebate can indeed be claimed manually for STCG. Others say not to include to avoid tax notices in future.

With the extended deadline for filing ITRs now set at September 15, 2025, for those not requiring an audit, the pressure is ...

The September 15 ITR deadline is around the corner, and if you earned money from online games like fantasy cricket, rummy, or poker in FY25, it’s time to report your winnings to the tax department.