Long-term capital gains (LTCG) of up to ₹1.25 lakh on listed shares and equity mutual funds may be exempt from tax, but that ...

The shift is the result of a key relaxation in the eligibility rules for ITR-1 for AY 2026-27. Earlier, the presence of any ...

Taxpayers filing their income tax returns for Financial Year (FY) 2025-26 (Assessment Year 2026-27) will encounter several changes across the Income Tax Return (ITR) forms this year. From more ...

The ITR filing deadline extension for AY 2026-27 appears unlikely, as filing systems remain stable and compliance is progressing smoothly. This article highlights 5 key reasons and essential steps ...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax return filing more important than ever.

As more taxpayers turn to ChatGPT, Claude and other AI tools to file their ITRs, experts say the technology can simplify tax ...

Tax rules vary widely across stocks, mutual funds, fixed deposits, gold and bonds, making it essential for investors to ...

ITR-4 (Sugam) is a simplified return form applicable to resident individuals, HUFs, and firms (other than LLPs) with total income up to Rs. 50 lakhs, opting for presumptive taxation under sections ...

Investors should report the same transaction dates, quantities, sale value, and holding period that appear in their actual records, rather than relying only on a summary statement.

Corporate actions like bonus issues, stock splits, and dividends always catch stock market investors' attention, but the ...

Before filing your return, it is worth checking your capital gains statement carefully to ensure you choose the correct ITR form and avoid unnecessary notices or delays.