Form 16 captures your salaried income but you must also cite bank interest, capital gains or freelance earnings ...

Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / ...

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27.

Professionals are leveraging AI tools like Claude for tax filing, simplifying document review, identifying discrepancies, and ...

Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ...

If your IFSC code or account number is wrong or the account is not pre-validated, refunds may fail or get delayed. Given that refunds are processed electronically, accuracy here is non-negotiable.

Taxpayers might not need to file an Income Tax Return if their income is below the exemption limit, but filing can provide ...

Before filing ITR for AY 2026-27, taxpayers should reconcile Form 16 with Form 26AS and the Annual Information Statement (AIS ...

Taxpayers are facing confusion following the introduction of the Income-tax Act, 2025. The key clarification is that income ...

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