The Central Board of Direct Taxes (CBDT) has notified Income Tax Return (ITR) Forms 1 to 5 for Assessment Year (AY) 2025-26, ...

ITR-4: ITR-4 can be filed by a Resident Individual/ HUF/ Firm (other than LLP) who has income not exceeding ₹ 50 lakh during ...

The Income Tax Department has updated the ITR-3 Form for AY 2025-26, introducing a 1% TDS rate for e-commerce operators and ...

Different tax returns are prescribed for filing by individual taxpayers depending on their income and its source as well as ...

A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...

The latest update from CBDT allows taxpayers with long-term capital gains of up to Rs 1.25 lk to file using simple forms like ...

T department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. These tax filing ...

The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections ...

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers ...

A relatively smooth filing season offered a lot to learn about the future of the IRS, the importance of tax planning, changes ...

Salaried taxpayers and small investors can now file simpler Sahaj and Sugam forms if LTCG from listed securities is up to Rs ...

Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt ...