The changes effected in the Form 16 format will ensure that the information about different taxes, deductions and exemptions ...

Taxpayers now have two options for filing ITR. These include the Old Tax Regime and the New Tax Regime. If you use any of ...

Form 16 is often considered the go-to document. But do you know this form holds significance far beyond ITR filing? Yes, Form ...

A common problem people face while filing income tax returns (ITR) is mismatch between Form 16 and the Annual Information Statement (AIS). A mismatch can raise red flags with the Income Tax Department ...

The Income Tax Department is expected to soon release the online ITR forms, which will officially open the e-filing process.

E-filing window likely to open: April 2025 Form 16 issuance deadline: June 15, 2025 ITR filing deadline (for non-audit cases): July 31, 2025 Refund processing time: 7–20 days in most cases Taxpayers ...

As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

When you file your return, you declare your income, claim deductions, and report taxes already paid. The tax system compares your actual tax due with what you’ve already paid. If you've paid more, the ...

To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

The Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon ...