As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...
New ITR forms for FY 2024-25: The Income Tax Department has issued a new ITR-1 and ITR-4 for tax filing purposes for the assessment year 2025-26, simplifying the process for individuals with long term ...
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 ...
Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will replace the Income-tax Act, 1961, which has been in place for more than 60 ...
Effective April 1, 2026, India will implement the Income-tax Act 2025 and Rules 2026, introducing significant changes to ...
Overview: Paper tax filing remains an option for taxpayers who prefer reviewing forms and details manually before submitting their return.The process includes d ...