The Income Tax Return (ITR) filing season is here again. Taxpayers are rapidly filing their returns for Assessment Year ...

AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...

With the Income Tax Department relying heavily on data analytics and information reported by banks, brokers, registrars, ...

The income tax filing season is underway, and taxpayers across the country are preparing to submit their returns for the ...

Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance ...

As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...

Choosing based on guesswork rather than clear criteria regarding income caps, asset types, and business ownership remains one ...

Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to ...

Taxpayers might not need to file an Income Tax Return if their income is below the exemption limit, but filing can provide financial benefits, such as official records and eligibility for refunds.

Filing the return within the prescribed due date remains the best way to avoid unnecessary costs and compliance hassles.

Taxpayers who missed filing income tax returns for previous years still have an opportunity to regularise their records ...