Taxpayers should consult the Income Tax Department website for the relevant instructions and FAQs to ensure they select the ...

Taxpayers filing ITR for FY 2025-26 must choose the correct form based on income, taxpayer category and disclosures, with ...

From salaried employees and capital gains earners to freelancers and businesses, taxpayers must carefully choose the correct ...

Purpose / when used Filed after missing the original due date (late filing). Filed to correct an error/omission in an already-filed return (original or belated). Filed to voluntarily disclose missed ...

T rules allow senior citizens some relief in taxes through deductions, exemptions and compliance activities, that they can ...

The Rs 50 vs Rs 200 meal voucher rule has become a point of confusion for salaried taxpayers, especially while filing income ...

The deadline to file 2025 tax returns is looming on Wednesday, April 15, and while tens of millions of taxpayers have filed their returns, there will likely be millions filing extensions to give ...

Here's what to do if you know you are going to be filing your 2025 tax returns after the Wednesday deadline, or if you find yourself filing later than expected. The best thing to do if you know you ...

The issue was whether delayed filing of return bars deduction under Section 10AA. ITAT held that timely filing was not mandatory for the relevant years and allowed the ...

The issue was denial of deduction due to delayed filing of Form 56F. ITAT held that delay is a procedural lapse and directed allowance of ...

So You Missed the Tax Deadline. What Happens Now?

The erstwhile Forms 15G and 15H have been replaced by a new, comprehensive four-page TDS declaration form 121. You cannot ...