Fight the matter in ITAT, courts if the issue is still not resolved or the tax department objects the correction based on a ...

The Income Tax Department has released Excel Utilities for updated returns. These are for ITR-5, ITR-6, and ITR-7 forms. This ...

From April 2026, your ITR filing experience will be simpler, with pre-filled smart forms and a cleaner tax framework.

KSCAA has sought urgent relief from the Finance Ministry citing delayed ITR forms, portal glitches, AIS mismatches, and overlapping compliance deadlines for AY ...

According to official data, around 5.14 crore ITRs have been filed till September 9, while the number of registered ...

Most individual taxpayers are expected to use ITR-1, commonly known as Sahaj, for filing their returns for AY 2025-26. Last ...

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

On privacy concerns, Ramesh Narain Parbat, Member of CBDT clarified that existing safeguards remain intact. “No income tax authority can disclose the information regarding any assessee unless that is ...

As per current income-tax provisions, the new tax regime is the default option. If you wish to opt for the old tax regime and ...

In the year that a taxpayer dies there may still need to be one or more tax returns that are required to be filed after their ...