News

As income tax return (ITR) filing season is here, taxpayers will start filing their returns as soon as the excel utility is ...
Income Tax Return (ITR)-5 for the Assessment Year 2025-26 has undergone significant changes to align with the legislative ...
ITR-4, and ITR-5 forms for the assessment year 2025-26. Income tax payers can now file their ITR returns by choosing either ...
You’ll now need to specify the exact section under which TDS was deducted (like 194A for interest, 194C for contracts).
The new ITR 5 form brings sharper rules on capital gains, TDS, and buy-back losses, raising the bar on compliance for firms, ...
The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for specific categories of taxpayers. This early release of forms gives taxpayers additional time to gather ...
The Income Tax Department recently made available ITR Forms 1 to 5, with more forms expected to be released soon. This year, there have been significant changes to the eligibility criteria and ...
ITR-4: ITR-4 can be filed by a Resident Individual/ HUF/ Firm (other than LLP) who has income not exceeding ₹ 50 lakh during ...
One of the most notable revisions in ITR Form 5 is the introduction of a split within the Schedule-Capital Gain.
The Central Board of Direct Taxes (CBDT) has notified Income Tax Return (ITR) Forms 1 to 5 for Assessment Year (AY) 2025-26, ...
Krishna (Fictional Character): Arjuna, just as the seasons change, the rules for income tax filing change as well. The ...
Updated ITR forms 1 to 5 reflect Budget 2024 changes—from higher LTCG limits to stricter disclosure norms—ushering in a new ...