The ITR-2 form is for individuals and Hindu United Families (HUFs) whose income is more than Rs 50 lakh and agricultural ...

Taxpayers should verify Form 16, Form 26AS and AIS details, assess advance tax liability, and choose the appropriate tax ...

Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file ...

The Income Tax Department has launched online filing and Excel utilities for ITR-1, ITR-2, and ITR-4 for AY 2026-27. Taxpayers can file returns for FY 2025-26 starting from May 15, with deadlines ...

Selecting the appropriate Income Tax Return (“ITR”) form is a crucial step in ensuring accurate tax compliance. Filing an ...

ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from ...

Taxpayers are advised to wait until departmental records are fully updated before filing AY 2026-27 returns. Filing too early ...

Taxpayers should complete e-verification of ITR within 30 days after filing returns to ensure a smooth refund process from the tax department. (Representative Image ) The Income-Tax Department has ...

The Income Tax Department has officially enabled online filing and Excel Utility for ITR-2 for Assessment Year (AY) 2026-27 ...

Many taxpayers unknowingly omit income or financial transactions while filing returns. The key takeaway is that incomplete ...