Filing your tax return starts with choosing the correct ITR form. The Income Tax Department has released the income tax return (ITR) forms for Financial Year 2024-25 (Assessment Year 2025-26). Are you ...

In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...

Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...

Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.

For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...

Budget 2026 introduces significant relief for salaried and middle-class taxpayers, including a new simplified Income Tax Act and automated NIL deduction certificates. Key changes also encompass tax ...