News

While the structure of the forms largely remains unchanged, the updated forms reflect key changes introduced in the Finance ...
The Income Tax Department has released revised ITR Forms (ITR-1 to ITR-4) for income received in FY 2024–2025, which must be ...
The income tax return (ITR) filing process for AY 2025–26 will see key changes, especially around capital gains, reporting ...
While filing ITR-1 and ITR-4, taxpayers can now file returns even with long term capital gains under sections 112A (up to ...
If you don't have Form 16 or your Form 16 is delayed, you can utilise your salary slips for reviewing your earnings, Form ...
The Income Tax Department introduces Digital Form 16, facilitating easier and more accurate income tax return filing with ...
These updates are designed to align the ITR-3 form with required disclosures as per Finance Act 2024 and enhance the ...
ITR-4: ITR-4 can be filed by a Resident Individual/ HUF/ Firm (other than LLP) who has income not exceeding ₹ 50 lakh during ...
Digital Form 16 is an electronic version of the traditional Form 16. It’s generated directly from the TRACES portal, which is ...
A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...
The Central Board of Direct Taxes (CBDT) has notified Income Tax Return (ITR) Forms 1 to 5 for Assessment Year (AY) 2025-26, ...
After you’ve filed, review what worked and what didn’t so you can improve your tax strategy for the coming year.