News

The Income Tax Department is likely to release the updated ITR forms soon for the financial year 2024-25 (Assessment Year ...
The new ITR 5 form brings sharper rules on capital gains, TDS, and buy-back losses, raising the bar on compliance for firms, ...
Know your taxpayer's Bill of Rights, says Julie Jason, and remember that time is of the essence should you get a letter from ...
ITAT Kolkata order on Whether disallowance under Section 40 (a) (ia) of the Income Tax Act, 1961 is sustainable when the assessee failed to deduct tax at source on payment of interest, but the payee ...
The Income Tax Department has released ITR form 3 for FY 2024-25, featuring key changes like an increased asset/liability ...
The IRS provides several options for tax forgiveness, including an approved payment plan, an offer in compromise and spousal ...
ITR-3 and ITR-4 forms for AY 2025-26 (FY 2024-25), the income tax return filing is expected to start next week.
The Income Tax Department has introduced new ITR-1 and ITR-4 forms for FY 2024-25, simplifying tax filing for individuals ...
After a long wait, Central Board of Direct Taxes has finally notified income tax return (ITR) forms ITR-1 and ITR-4 for ...
Answer: Excel download and upload facility has been made available in IGCR module in ICEGATE 2.0. Users are encouraged to use their ERP software to automate the process of generation of fields ...
The forms have been overhauled, and taxpayers with long-term capital gains up to Rs 1.25 lakh under Section 112A can file ITR ...
Income Tax Department has simplified how taxpayers will file ITR returns. For the assessment year 2025-26, the forms ITR-1 ...