The Income Tax Department has enabled ITR-1 and ITR-4 filing utilities for AY 2026-27. Taxpayers are advised to verify AIS, TDS, and Form 26AS details before filing ...
The Income Tax Department has already released all major Income Tax Return (ITR) forms for Assessment Year 2027, including updated return forms and Excel utilities for offline filing. However, tax ...
Taxpayers should carefully match their income profile with the applicable ITR form, as filing returns in the wrong form could ...
Filing Income Tax Return is not always linked to tax liability. This guide explains the transaction-based conditions under Section 139(1) that make ITR filing compulsory even for low-income ...
Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses ...
The revised tax treatment for employer-provided meal benefits raises the tax-exempt value to ₹200 per meal from ₹50, ...
The process of filing your income tax returns (ITR) can be an intimidating task, especially for first-time taxpayers.