Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks ...

Check out 5 key benefits of filing Income Tax Returns even if your tax liability is zero.

The article explains that HRA exemption is unavailable under the new tax regime, which is why the HRA field may not appear in the ITR utility. Taxpayers must select the old regime to claim HRA ...

No ITR filing required? Check who qualifies for exemption under Section 194P, how Form 125 works, and which senior citizens ...

ITR filing for AY 2026-27 has begun. Keep these essential tax documents ready to avoid errors, claim deductions, and ensure ...

The income tax filing season has begun, allowing online submissions for ITR-1, ITR-2, and ITR-4. Taxpayers are advised to ...

Latest Income Tax Slabs FY 2024-25 For Old Regime: For individuals who are residents and below 60 years of age, the tax slabs highlighted in the image are applicable under the old income tax regime.

Given that the AY 2026–2027 ITR filing is the final one under the previous Income Tax Act and that major changes have been made this year, taxpayers should take all necessary steps to ensure that ...

Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹50 lakh from salary, one house property, and other simple ...

The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both regimes allow certain allowances and perquisites, understanding ...

The Income Tax Department has launched online filing for ITR-1, ITR-2, and ITR-4 for AY 2026-27. Taxpayers must note changes, ...

Self-employed individuals and employees who do not receive HRA as a part of their CTC are eligible for deduction under ...