The Income Tax Department has enabled online filing of ITR-3 for Assessment Year (AY) 2026-27, providing relief to taxpayers who earn income through business or professional activities. Along with the ...
The shift is the result of a key relaxation in the eligibility rules for ITR-1 for AY 2026-27. Earlier, the presence of any ...
The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ...
Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, ...
Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate ...
If one incorrectly assumes that filing is not required, then one would be liable to face interest for delay in filing ITR and interest on the unpaid taxes due as well.
Filing the ITR may be the first milestone, but ensuring that the return is valid, accurately processed, and appropriately ...
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 ...
Beyond income, learn about mandatory requirements for high-value transactions, foreign assets, and spending patterns.
Summary The article provides a practical guide for Non-Resident Indians (NRIs) on Indian income tax compliance, emphasizing that living abroad does not ...