News

ITR 2025: Salaried persons are supposed to use either ITR-1 or ITR-2 for filing their income tax returns. Here is how to find out which tax form is relevant for you.
The last date for filing the Income Tax Return,, ITR) is approaching. If you are employed and are preparing to file ITR for ...
A common mistake taxpayers make is opting for the incorrect tax return form. For instance, instead of ITR-2, a taxpayer may ...
The income tax department delayed releasing forms ITR-2 and ITR-3, which meant that many taxpayers with capital gains or foreign income had to wait to file their returns.
Income Tax Return: It can get confusing as to which form you should fill in order to file and verify your ITR. Any mistake can entail a defaulted ITR, which could get you slapped with income tax ...
The Income Tax Department has released the Excel utility for ITR Form 6 for AY 2025-26, enabling companies to file returns for FY 2024-25. Several ITR forms have been notified, including ITR-1, 4 ...
For many taxpayers, job changes within a financial year can complicate ITR filing -- each employer issues a separate Form 16, and mismatches can occur if all income isn't properly combined.
Use the correct ITR form for foreign assets If you have foreign income or assets, you cannot fill the standard ITR-1 form. You must fill ITR-2 or ITR-3, subject to whether you have business income.