The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ...
Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance ...
Here's a look at the ITR filing deadline which is not July 31 for several types of taxpayers.
The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options ...
AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...
The Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their Income Tax Returns (ITR) for AY 2026-27. However, different ...
As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability.
Filing the return within the prescribed due date remains the best way to avoid unnecessary costs and compliance hassles.
Changing jobs during FY 2025-26 could make Income Tax Return (ITR) filing a bit more complicated, especially if you have received more than one Form 16. Tax experts say taxpayers should carefully ...
Taxpayers who miss the original ITR filing deadline can still submit their returns, but they may have to pay a late filing ...
Deductions like municipal taxes and the 30% standard deduction (for let-out property) are available under both old and new ...