The Income Tax Department has launched Excel utilities and online filing for ITR-1 and ITR-4 for the Assessment Year 2026-27. Taxpayers earning up to Rs 50 lakh, with specific income sources, can now ...

The new income tax form initially lacked a section for certain tax exempt receipts. Now, it includes an additional dropdown ...

Income Tax Return filing in India for FY 2025–26 and AY 2026–27 explained, learn forms, documents, online steps, and key ...

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

Filing an income tax return for the first time may seem challenging, but following the correct steps and keeping all required ...

Income Tax department offers an online service that allows taxpayers to check status of their filed returns both before ...

Choosing the right filing method can make the process smoother and help reduce errors. But what exactly is the difference ...

Income tax filing for assessment year 2026-27 has officially begun since the Income Tax Department has made ITR 1 and ITR 4 filing available on the e-filing portal. Taxpayers can now go ahead and fill ...

The article introduces an offline tax computation tool that calculates tax under both the old and new tax regimes, helping ...

As taxpayers prepare to file returns for AY 2026-27, experts are warning that common mistakes such as choosing the wrong ITR form or failing to disclose all income sources could lead to penalties, ...

The Income-Tax Department has introduced key changes in how taxpayers report income using the ITR-4 form this tax year and two of these updates are related to income generated from rent. We answer ...

Learn when senior citizens must file an Income Tax Return, who qualifies for the age-75 exemption, and how Form 125 works.