New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...
Filing your tax return starts with choosing the correct ITR form. The Income Tax Department has released the income tax return (ITR) forms for Financial Year 2024-25 (Assessment Year 2025-26). Are you ...
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Owning two houses but no rental income: Can you still file ITR-1, or is ITR-2 mandatory?
Hi, my father owns two properties but earns no rental income from either. He has no stock or mutual fund investments and meets all other eligibility criteria for ITR-1. I’m unsure whether owning ...
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