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

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

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

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

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

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

The old tax systems Section 80C tax-saving options are still available for a few weeks of the fiscal year hence taxpayers ...

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according to latest data from the Income Tax Department. Among them, over 4 lakh ...

If you pay health insurance premiums for your parents, you can claim an additional tax deduction of Rs 25,000 if they are ...

The income tax department has listed such individuals with undisclosed income subject to income tax and accordingly, the ...

What is ITR-U and How Can It Help You? Filing Income Tax Returns (ITR) correctly and on time is crucial to avoid penalties ...