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Salaried individuals will be required to file ITR forms for financial year 2024-25 and assessment year 2025-26. However, self ...
NEW DELHI : The income tax department has finally released the utilities for income tax return (ITR) forms 2 and 3, allowing ...
The recent spate of scrutiny notices from tax authorities highlight the need for meticulous reporting and compliance while ...
As the deadline to file Income Tax Returns (ITR) for Assessment Year 2025-26 (FY 2024-25) approaches, many taxpayers are wondering whether they should stick to the old tax regime or opt for the new ...
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 ...
“Accordingly, to facilitate a smooth and convenient filing experience for taxpayers, it has been decided that the due date ...
T department has released excel utilities for ITR-2, salaried taxpayers and chartered accountants can start the filing ...
Many individuals, unaware of the correct ITR form for their income sources, inadvertently submit ITR-1 despite having capital gains, foreign income, or professional earnings—none of which are ...
A sharp rise in scrutiny, delayed utilities, and mismatches with AIS/Form 26AS are causing refund delays for millions of ...
Sars warned that although these documents are not required to be submitted upfront, they must be retained for a minimum of ...
A common mistake many taxpayers make is choosing the wrong ITR form. This can lead to notices from the tax department or even penalties. That’s why it’s important to be careful while filing your ...
Taxpayers are worried about the delay in getting tax refund in 2025. Expert said - Refunds are getting stuck due to delay in ...
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