India’s income tax department has updated the Form 26AS to include more information such as off-mar…

The extension of the deadline is specifically for those individuals whose accounts do not requir…

The Income Tax Department will launch a new income tax filing portal on June 7.

Here we learn who can file ITR 1 which is also known as Sahaj form. ITR1 is also popularly kn…

For the purpose of collecting taxes, the government takes into account the profession, business or…

Central Board of Direct Taxes (CBDT), the Indian authority responsible for administration of the di…

The most simplified form, ITR-2A, to be filled by those individuals and HUFs who do not have in…

If you file ITR for the first time, click on ‘New Registration’. Provide the information asked…

The Indian government has extended the due date to file an income tax return by a month. The new de…

The apex policy-making body of the Income Tax department is aggressively working on the project and…

In the last two months under lockdown, the government has imposed several relaxations to the tax fi…

Let’s take a close look at how the new I-T forms-- ITR 2 and ITR 2A-- will bring in relief for the …

Even if the precious items were gifts, the tax payers would still have to declare the cost at which…

As per the new guidelines by the I-T Department, individuals will have to disclose all assets and l…

ITR 4 can be filed by those individuals, Hindu Undivided Families and Partnerships whose t…

Choose the right ITR form Go through the options and choose the right kind of ITR form appl…

These will include buying and selling of shares, real estate etc, making cash payments for pur…

In the past, when such incidents took place, the government at least offered an explanation as t…

Tax compliance is viewed as the mark of an individual’s financial wisdom and ethical outlook. It i…

If you haven’t filed your income tax return yet, better hurry because you will have to pay a pena…