Maximising tax refunds is not only about finding last-minute deductions; it starts with ensuring that your tax return accurately reflects your income, investments, and taxes already paid ...

Taxpayers should verify Annual Information Statement data for capital gains. Relying solely on AIS may lead to incorrect ...

With increasing digital integration across government databases, preventive reconciliation before filing the return has ...

People will not have to file two income tax returns during the transition to the new Income Tax Act, 2025. Most ongoing tax ...

Income tax refund is broadly calculated as the excess of taxes paid or credited over the final tax liability of the taxpayer ...

If an individual deposits Rs 1 crore or more in one or more current accounts during a financial year, filing an ITR be ...

Important ITR, TDS, TCS and Tax Filing Deadlines. The Income Tax Department has scheduled key compliance dates on July 7, ...

ITR Filing 2026: Zero TDS Doesn't Always Mean Zero Tax Liability Under the New Tax Regime Many salaried taxpayers are surprised to discover that even though no Tax Deducted at Source (TDS) was ...

Missing the deadline to file your Income Tax Return (ITR) can have consequences beyond late fees and interest. In serious cases involving willful non-compliance, taxpayers may face prosecution, fines ...

ITR filing FY 2025-26: Before filing, compare your income and TDS details with documents such as Annual Information Statement ...