This year, the tax department was a bit slow in notifying all ITR forms, and that is understandable as there were some ...

Missing ITR filing deadlines for AY 2025-26 can lead to penalties and loss of key tax benefits—know the correct due date ...

While filing ITR-1 and ITR-4, taxpayers can now file returns even with long term capital gains under sections 112A (up to ...

Digital Form 16 is an electronic version of the traditional Form 16. It’s generated directly from the TRACES portal, which is ...

The Income Tax Department introduces Digital Form 16, facilitating easier and more accurate income tax return filing with ...

Notable updates include simplified reporting for small capital gains, relaxed asset disclosure requirements, and detailed ...

One of the most notable revisions in ITR Form 5 is the introduction of a split within the Schedule-Capital Gain.

The new units form part of a broader initiative to enhance responsiveness to investors and improve the overall tax ...

Provision: as per sec 194IA of income tax Act, if immovable property, other than agricultural land, is transferred tax (TDS) ...

Form 16 is a crucial document for salaried taxpayers. It contains details of salary income and tax deducted at source (TDS).

Taxpayers should try to file their returns much in advance so that they get enough time to assess the ITR form applicable and ...