With the income tax return (ITR) filing season underway, many taxpayers are preparing to submit their returns for the Assessment Year (AY) 2026–27. However, one common misconception this year is that ...

The wait is over for taxpayers who file ITR-5. With the Excel Utility now available, here's everything you need to know ...

Tax professionals advise reviewing the AIS to catch discrepancies before filing, as inaccuracies may lead to tax notices or penalties. Depending on income sources, individuals may need to file ...

The Tribunal held that Schedule-I of ITR-7 applies only to amounts accumulated under Section 11(2) and not to deemed application under Explanation (1) to Section 11(1). It deleted the addition after ...

The Income Tax Department has made the Excel Utility for ITR-5 available for Assessment Year (AY) 2026-27, allowing eligible ...

From ITR deadlines, PF withdrawals using UPI, credit card rewards points and more -- here's what is changing from July.

Income Tax Return filing in India for FY 2025–26 and AY 2026–27 explained, learn forms, documents, online steps, and key mistakes to avoid.

Choosing the right filing method can make the process smoother and help reduce errors. But what exactly is the difference between the online and offline utilities, and which one is better suited to ...

If one incorrectly assumes that filing is not required, then one would be liable to face interest for delay in filing ITR and interest on the unpaid taxes due as well.

ITR-3 is meant for individuals and Hindu Undivided Families (HUFs) earning income from business or profession.

Attention taxpayers! The tax department has today enabled excel utility for income-tax returns for AY2026-27 (FY25-26) for online form ITR-3 on its official e-filing portal. Here's all you need to ...

As taxpayers prepare to file returns for AY 2026-27, experts are warning that common mistakes such as choosing the wrong ITR form or failing to disclose all income sources could lead to penalties, ...