The Income Tax Department has launched Excel utilities for ITR Forms 1 and 4, facilitating ITR filing for the Assessment Year 2025-26. Eligible taxpayers can now download these utilities from the ...
Highlights that selecting the incorrect portal tab can lead to data mismatches and filing errors. Emphasizes the need to use ...
The last date for salaried individuals to file ITR-1 or ITR-2 is July 31, 2026, with different deadlines for other categories ...
The deadline for most individuals and salaried taxpayers is July 31, 2026. Business taxpayers who do not require an audit now get a slightly longer window — August 31, 2026, following a change ...
Starting April 1, 2026, new Income Tax Act and Rules bring significant changes for Tax Year 2026-27. Key updates include extended ITR due dates for certain taxpayers, revised timelines for updated and ...
Not filing an ITR leads to missing out on refunds where TDS was already deducted on FDs, salary, or freelance income.
One of the main changes in the newly introduced ITR forms is the eligibility criteria for ITR-1. It now includes two house ...
The Income Tax Department has released all return forms for AY 2026-27, enabling taxpayers to file under both legacy and updated tax laws. This filing season comes with tougher penalties for late ...
With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...