There is no cap on the number of times the returns can be revised before the end of the deadline for filing belated returns.

To avoid penalties while filing your ITR for Assessment Year 2025–26, you must file on time, choose the correct form, verify ...

The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26). This year, the ITR forms underwent various ...

ITR form selection is vital for tax returns. ITR-1 suits salaried individuals with income up to ₹50 lakh, whereas ITR-2 ...

Tax professionals say such errors are common due to changes in form applicability and taxpayer profiles. However, the filing ...

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new electronic income tax return form for individuals. The ...

For salaried employees, Form 16 is not only a regular form—it's the basis of your income tax return. Your employer issues it ...

Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax ...

Discover the top 10 tax deductions you can claim in your ITR for FY 2024-25. Save more by using these smart tax-saving ...

The Income Tax (I-T) department has released Excel-based utilities for Income Tax Return (ITR) forms ITR-2 and ITR-3 for ...

The Federal Board of Revenue (FBR) has issued draft of the electronic income tax return form for individuals and companies.

Filing income tax returns requires attention to detail to avoid penalties and defects. Choosing the right tax regime, ...