The Income Tax Return (ITR) filing season for Financial Year (FY) 2025-26, corresponding to Assessment Year (AY) 2026-27, is ...

A smooth ITR filing experience begins with preparation. Taxpayers should ensure these things and keep certain documents and ...

After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. If you notice an error in your processed ITR, you can submit ...

Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants’ Society, says first-time taxpayers often wrongly assume no tax liability means no filing requirement. He adds that many also choose ...

Taxpayers may need to furnish additional details on donations, business expenses, investments and revised returns as the Income Tax Department expands disclosure requirements.

As taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is ...

The income tax filing season is underway, and taxpayers across the country are preparing to submit their returns for the ...

Learn the most frequent errors taxpayers make while filing Income Tax Returns for AY 2026-27 and how avoiding them can ...

With the Income Tax Department relying heavily on data analytics and information reported by banks, brokers, registrars, ...

Deductions like municipal taxes and the 30% standard deduction (for let-out property) are available under both old and new ...

Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be ...