The Income Tax Department can send you a notice due to wrong information or incomplete information in the ITR, but if you ...

Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

As the financial year 2024-25 nears its end, taxpayers must focus on important tax-related documents, including the Income ...

Keep proper documentation such as travel tickets, boarding passes, and payment receipts, as LTA claims are subject to ...

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...

You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent ...

Out of these taxpayers, those whose income is between ₹ 1-5 crore is a whopping 3.89 lakh, while those with income between ₹ ...

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according ...

Senior citizen with pension, rental and interest income seeks clarification on tax implications of gifting property to ...

Don’t let last-minute tax filing cost you money! From choosing the wrong ITR form to missing deductions, here are the biggest ...