It's quintessential to choose the correct ITR form based on one's income sources and entity type to ensure compliance and ...

ITR-U form has been introduced under Section 139(8A) to correct errors or omissions in their previously filed ITR. This ITR ...

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions ...

The Central Board of Direct Taxes (CBDT) has notified the new Income Tax Updated Return form, known as ITR-U. The form comes ...

ITR 2 applicable to Individual and HUF not earning Income from Business/ Profession but having: 1.Total Income above Rs. 50Lakhs. 2. Owns more than one House property.

Introduction In an increasingly globalized economy, cross-border transactions have become commonplace. To ensure tax compliance and prevent tax evasion, the ...

As of May 20, 2025, there is no update on the e-filing portal of the tax department, while forms from ITR-1 to ITR-7 have ...

The Income Tax Department has launched a new Digital Form 16 to make filing Income Tax Returns (ITR) easier for everyone.

1. Extended Time Limit: The filing deadline has been extended to 48 months (4 years), as per the Finance Act, 2025. – Filing ...