AI Quick Read Skipping your income tax returns (ITRs) for two or three consecutive years is a direct trigger for an official notice from the Income Tax Department. Under standard Indian tax ...

Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...

As of June 2026, the Income Tax Department has notified all ITR forms (ITR-1 to ITR-7) for AY 2026-27. For Assessment Year (AY) 2026-27 (Financial Year 2025-26), the last date for filing an Income Tax ...

ITR filing AY 2026-27: Before you open the tax filing portal to file your income tax return, it’s important to keep all the necessary documents handy. Having all the requisite documents is important ...

ITR filing FY 2025-26: It’s that time of the year when you start gathering your important tax-related documents to file your income tax return (ITR). And while it’s always good to file your ITR on ...

Filing an income tax return (ITR) involves following a series of steps to ensure all details are reported accurately. Resident individuals with a total income of up to ₹50 lakh in a financial year ...

Taxpayers should keep the demat account statement, broker contract notes, annual tax statement, dividend statement, and AIS/Form 26AS extracts. Taxpayers should be aware that income tax rules apply ...

Filing an ITR before the due date is as good as doing any other financial task before the deadline. It saves you from paying late fees and interest. Besides, you may experience website traffic, a ...

Mumbai: The Income Tax Department has made the online and Excel-based Income Tax Return (ITR) filing utilities available for Assessment Year (AY) 2026-27. This means taxpayers can start filing their ...

Income Tax Return Filing: Submitting false information and claims like HRA while filing your income tax return may result in financial penalties and criminal prosecution. You may have to pay a penalty ...

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