The income tax return (ITR) filing has started for the financial year 2024-25 (assessment year 2025-26). The income tax department has notified all seven income tax return forms for the assessment ...

Current income-tax provisions make the new regime the default, but the rules differ depending on whether the taxpayer has business or professional income. Today's Ask Wallet Wise answers how ...

ITR Filing News LIVE Updates: With just three days left before the September 15 ITR filing deadline for AY 2025-26, speculation is high on whether the Finance Ministry will announce another extension.

ITR filing FY 2024-25: The Income Tax Department has extended the ITR filing deadline for AY 2025-26 to September 15, 2025, for non-audit taxpayers. This extension, from the usual July 31st, ...

ITR filing mistakes: Tax advisory platform Tax Buddy recently highlighted a real-world case study to caution taxpayers about the importance of verifying their Annual Information Statement (AIS) before ...

Income tax e-filing AY 2025-26: The Income Tax Return (ITR) filing season is going on in full swing, and crores of taxpayers must have plans to file their returns over the next six days before the ...

In a recent tax assessment, a business proprietor named Rajesh was hit with an additional tax demand of Rs 1.5 lakh after the assessing officer (AO) disallowed the Rs 6 lakh annual salary he had paid ...

Will the Income Tax Department extend the income tax return (ITR) filing due date beyond September 15? This question is playing on the minds of crores of income tax assessees as the deadline to file a ...

The deadline to submit a claim for part of a sparkling prebiotic drink Poppi's $8.9 million class action lawsuit is soon approaching. Poppi's former owner, VNGR Beverage, LLC, agreed to settle claims ...

As the last date for filing Income Tax Returns (ITR) for FY 2024–25 draws near, taxpayers must carefully choose between the old tax regime and the new tax regime while filing their returns. However, ...