Income-tax returns: NRIs are subject to income-tax in India depending on their residential status. Here's a look at the ...
Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file ...
The Income Tax Department has released the ITR forms for the assessment year 2026-27, providing taxpayers with the necessary tools to file their returns for the financial year 2025-26 and understand ...
ITR forms for AY27/FY26 have been notified and the tax department has enabled offline preparation via Excel Utility for ITR-1 ...
The Income Tax Department is replacing Form 26AS with the new Form 168 under Income Tax Rules 2026. The upgraded form will ...
The Income Tax Department has officially enabled online filing and Excel Utility for ITR-2 for Assessment Year (AY) 2026-27 ...
Form 26AS is essentially a tax passbook maintained by the Income Tax department. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax pa ...
Tax experts advise salaried individuals not to rush into filing returns before receiving Form 16 and updated tax records, as ...
Given that the AY 2026–2027 ITR filing is the final one under the previous Income Tax Act and that major changes have been made this year, taxpayers should take all necessary steps to ensure that ...
Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can ...
Form 39 will replace Form 10E from FY27 to help taxpayers claim relief on salary arrears and lump sum receipts. The new form simplifies calculations, reduces errors and ensures fair tax liability.
Filing the income tax return is only half the battle. After submission, you have 30 days to e-verify your return.