Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

The latest data released by the income tax department shows that over 9.11 crore registered users have filed their income tax ...

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according ...

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according to latest data from the Income Tax Department.

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent ...

The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...

Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

Every year, while filing (ITR), taxpayers face a common dilemma, should they choose the new tax regime or stick to the old ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

The court emphasised that TP analysis must adhere to the arm's-length principle, be based on the specific facts of each ...

In India, taxpayers can choose between the old ... All depends on how the ITR utility is configured," said Balwant Jain. Even after the due date, you can revise a return and change the tax regime ...