Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants’ Society, says first-time taxpayers often wrongly assume no tax ...

The guide explains the FY 2025-26 tax slabs, enhanced rebate benefits, and key filing requirements under the default new tax regime. The takeaway is that accurate reporting and document verification ...

From expanded ITR-1 eligibility to new disclosure requirements, several changes have been introduced in the revised forms.

Taxpayers may need to furnish additional details on donations, business expenses, investments and revised returns as the ...

As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...

If you traded in Futures & Options (F&O) during FY26, pay attention before filing your ITR. The revised ITR-3 form for AY ...

Any taxpayer who does not have any income taxable under the head “Profits and gains of Business or Profession” can switch ...

When filing your ITR, the first step is to calculate your taxable income. Taxable income is the portion of your total income ...

Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small businesses, with no change in tax slabs.

Tax calendar: The new compliance calendar stretches the return filing season across four months, introduces hefty penalties ...

Received your Form 16 and planning to file your ITR right away? Chartered accountant Nitin Kaushik cautions salaried ...