When you file your return, you declare your income, claim deductions, and report taxes already paid. The tax system compares ...

As the financial year 2024-25 wraps up, it’s time for taxpayers to gear up for the Income Tax Return (ITR) filing season. The ...

Seven different ITR forms were notified in April last year, so it is expected that the tax department will soon make ...

The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption ...

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...

As the new assessment year 2025-26 gets underway, people across the country — especially salaried taxpayers — are preparing to file their Income Tax Returns (ITR) for the financial year 2024-25.

Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

A total of 3.89 lakh taxpayers including all categories filed their returns for income of ₹one crore and above ...