Filing a late return assists taxpayers in achieving compliance even if they have missed the deadline.
File ITR by September 15, 2025; understand TDS on fixed deposits, threshold limits, rates and refund process.
The Income Tax Act provides taxpayers the choice of making a selection between the old and new regimes, yet the selection depends on whether you are experiencing salary income or business income.
The fastest increase in ITR-2 and ITR-3 filers, the categories linked to capital gains and market activity, is coming from Indians under the age of 25. While this highlights extraordinary enthusiasm, it also signals risk.
Filing isn’t always optional—specific transactions can make it mandatory, even with low income.
Filing income tax returns in a hurry can increase the risk of errors, defective returns and, thus, I-T notices. Here’s a last-minute guide to avoiding costly mistakes.
Missing details like foreign assets, crypto or directorships can make your return invalid.
Taxpayers are allowed to switch between the new and the old tax regimes during the filing of returns, albeit with a condition.
The actual exercise of choosing between the two regimes has to be done by the employee at the time of filing the ITR.
Your first step in filing returns in India is registering on the e-filing portal of income tax. Just follow this step-by-step procedure.
The Updated Return gives taxpayers up to two years to rectify errors and omissions in their original filing
In case of rental income or having more than one house property, selecting the correct ITR form is essential to have a hassle-free and tax-compliant filing process.
Weighing the benefits and drawbacks before deciding to take expert help for your tax return.
Filing ITR for the first time might appear daunting, but knowing the basics and preparing in advance can prevent you from making costly errors and last-minute stress. Here's what you should consider before you press the "submit" button.
Annual Information Statement gives you a complete image of your financial dealings and avoids further mistakes in your tax return.
Income tax filing for salaried taxpayers looks so easy, but omitting a few items can lead to errors, delays, or penalties. Reading the instructions first makes processing more convenient and refunds quicker.
Understanding why a verified return is not processed helps taxpayers remain informed and avoid unnecessary worry.
Refunds are usually sent smoothly after income tax return filing, but the majority of taxpayers witness untimely delays. Below are the leading reasons why your ITR refund is delayed and how to deal with them.
Filing ITR for the first time might appear daunting, but knowing the basics and preparing in advance can prevent you from making costly errors and last-minute stress. Here's what you should consider before you press the "submit" button.
If your name appears on the income tax defaulter list despite paying your dues and filing returns on time, don’t panic—here’s how to check for errors, correct the record, and protect your financial standing.
Selecting the right Income Tax Return (ITR) form ensures accurate reporting and avoids legal issues—here’s how to pick between freelancing and consulting income in 2025.
Even if you do not owe any tax, filing your ITR can release refunds, maintain financial entitlements, and enhance your financial integrity.
Miss these updates, and your refund could get delayed or even denied.
This tax document is crucial for salaried workers while they submit their income tax return—here's everything that you require to know.
From 80C to 80U, here’s how to reduce your taxable income under the old regime.