In cases where the capital gain is not fully used before filing the income tax return, the unutilized amount must be ...

While ITR 1 is a widely used form for salaried individuals with specific income sources, it cannot be used by everyone. When an individual is a non-resident or not ordinarily resident or his income ...

A common mistake taxpayers make is opting for the incorrect tax return form. For instance, instead of ITR-2, a taxpayer may ...

If you have deposited Rs 1 crore or more in your current account in any bank within a year, then it is necessary to file an ...

Income Tax: Fewer than 30 days are remaining before the September 15 deadline to file the income tax return (ITR) for FY 2024-25. It is crucial for taxpayers to use the correct income tax return form ...

The redemption of SGBs by an individual with the RBI is not treated as a “transfer” under Section 47(viiic) of the Income Tax ...

Navigate to the “View Returns/Forms” section to see all filed returns with their current status. Select the financial year ...

Multiple revisions allowed before deadline as you can make revisions to your ITR as many times as you want before the ...

Income tax notices are official communications regarding discrepancies in tax returns. To manage these notices effectively, ...