Income Tax Department releases ITR-5 Excel utility for AY 2026-27; here's who can file and who cannot

The Income Tax Department has made the Excel Utility for ITR-5 available for Assessment Year (AY) 2026-27, allowing eligible ...

Filing ITR with AI? Here's what ChatGPT and Claude can — and can't — do for taxpayers

As more taxpayers turn to ChatGPT, Claude and other AI tools to file their ITRs, experts say the technology can simplify tax ...

New ITR field for gifts, loans and agricultural land sales- receipts that aren't 'income'

The new 'Receipts not in the nature of income' field helps taxpayers distinguish capital receipts from exempt income and ...

No Form 16? Here's how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26

Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate ...

AIS updated for many taxpayers: If you have Form 16, you can now start filing your ITR

Annual Information Statement (AIS) is a summary of a taxpayer's information as reported by various organisations from which taxpayers have received any benefit, whether in cash, kind or otherwise ...