The Income Tax Department provides guidelines for Income Tax Return (ITR) scrutiny. These guidelines ensure transparency in ...

Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax ...

Income tax refunds may be delayed this year due to the late release of ITR-2 and ITR-3 forms and ongoing technical upgrades.

By now, most salaried individuals would have received their Form 16-a crucial document that summarizes salary earned, ...

It is not mandatory to file an ITR if your income falls below the exemption limit, but filing it can help you earn rewards in ...

Check Taxable Income: In part B of Form 16, one can find their taxable income details towards the end. Make sure all the ...

Before filing your Income Tax Return (ITR) in 2025, ensure your PAN card is active to avoid rejection or delays. The Income ...

Delays in releasing ITR-2 and ITR-3 forms are causing concern among taxpayers with more complex financial profiles, including ...

Filing an ITR is more than just a tax obligation; it is a way to establish your financial presence, ensure transparency, ...

To find out if your bank offers the facility, you can check for the Net Banking option on the Income Tax e-Filing website, or ...

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For home loans, claim Rs 30,000 interest deduction under Section 24(b) and up ...

Despite over 75 lakh income tax returns being filed and more than 71 lakh verified so far this year, the Income Tax ...