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

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

Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY ...

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

How long does it take to get your ITR refund? Refunds often occur 4–5 weeks following e-verification. Learn the causes of ...

The Income Tax Department has extended the ITR filing due date for FY 2024-25 to5, 2025. If your income is simple and you have Form 16, you can file ITR-1 online in just 30 minutes without a CA. Learn ...

Taxpayers are allowed to switch between the new and the old tax regimes during the filing of returns, albeit with a condition ...

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

According to tax laws, F&O income is classified as non-speculative business income under Section 43(5) of the Income Tax Act.

Only 17 days left to file ITR for AY 2025-26; 3.67 crore returns filed so far. Non-audit taxpayers have until Sept 15, while audit cases get till Oct 31.

Millions of taxpayers across India are now in a rush to finish their ITR filing online before the last date. Filing your income tax return on time is very important because missing the deadline can ...

"Table A3: Details of Foreign Equity and Debt Interest held (including any beneficial interest) in any entity at any time during the calendar year ending as on December 31, 2024. Here an individual ...