The annual income tax filing season has officially begun, as the Income Tax Department has released updated ITR forms (ITR-1 to ITR-7) for the Assessment Year 2026–27. With the rollout of revised ...
A Sikar taxpayer faced a ₹3.99 lakh penalty after declaring ₹12.9 lakh in income following an income tax notice. The ITAT ...
Filed your ITR in July or August but still waiting for your refund? Delays can happen for several reasons, from mismatches in ...
If you have submitted your Income Tax Return (ITR) in July or August and are still awaiting your refund, there could be various reasons for the delay in receiving it.
ITR e-filing: Linking your Aadhaar Card with your PAN card is mandatory for a number of services including filing income tax returns (ITR), claiming tax refunds, opening a bank account, purchase of ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
Previous filing deadline was October 15.Initially, the date was September 30.FBR issues circular announcing fresh ...
ITR Filing: As the deadline for filing Income Tax Returns (ITR) draws near, many taxpayers might be mulling to switch back to the old tax regime in order to save as much money on taxes as they legally ...
Learn how to claim Section 80C deductions in your ITR and save up to ₹1.5 lakh in taxes. Step-by-step guide to filing with TaxBuddy’s easy platform. This content is for informational purposes only and ...
ITAT Chennai allows Section 11 exemption of ₹79.92 lakh to charitable trust filing ITR under Section 139(4), relying on CBDT's 2019 clarification.
A property sale from FY 2015-16 led to a Rs 2.65 crore short-term capital gains addition and a Rs 90.09 lakh income tax ...