The income tax returns (ITR) forms for AY 2025-26 require mandatory disclosure of the exact date of transfer for each asset for capital gains. The revised ITR forms include specific schedules for ...

While the AIS aims to improve voluntary compliance in income tax filing, the system’s early-stage flaws are causing more ...

As ITR filing season begins, taxpayers often juggle multiple forms and numbers. One form that truly stands out in this mix is ...

Switching jobs mid-year can complicate tax filing, but with a little attention to detail, you can avoid common mistakes. As ...

First-time income tax filers often make easily avoidable mistakes that can lead to refund delays or scrutiny. Common errors ...

If the EPF interest was credited after the financial year had closed, this is what you need to do in order to stay ...

There are two parts in Form 16: Parts A and B. The first part largely contains the details of TDS and is used to claim ...

Filing your Income Tax Return (ITR) for the first time is a big financial milestone. With the ITR filing season for Financial ...

Try to avoid common income tax return mistakes for FY 2024-25 to prevent scrutiny and tax notices. Know key filing errors, ...

The experts warn that misreporting or under-reporting may result in interest, penalties, or assessment notices under various ...

Misreporting/ inaccurate reporting of capital gains could attract interest and penal implications. Also, one should verify ...

Filing income tax returns (ITR) can be confusing but since it is an important part of managing your money, you need to be ...