Senior citizens need not choose an ITR form based solely on age. For AY 2026-27, the correct return form depends on the ...

Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

This guide explains how taxpayers can select the correct ITR form based on their income profile and tax status. It highlights eligibility conditions and common mistakes that may lead to defective ...

The Income Tax Department has made the process of filing the ITR-1 (Sahaj) form for Assessment Year 2026-27 extremely simple ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...

Reporting capital gains correctly is essential for investors who sold shares, mutual funds or property during FY26. Here's a ...

Taxpayers who missed filing income tax returns for previous years still have an opportunity to regularise their records ...

Form 16 is a certificate issued by employers under Section 203 of the Income Tax Act, 1961, that contains details of salary ...

The Annual Information Statement (AIS) provides taxpayers with a comprehensive and consolidated view of their financial data.

Most people get tripped up by the same thing: they log into the income tax portal before they have their documents ready, hit ...

Salaried taxpayers may want to wait before filing ITR for AY 2026-27. Here’s how AIS, Form 26AS and TIS updates can impact refunds and tax notices. If you are a salaried taxpayer, it may be wise to ...

Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.