Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

Tax advisory platform TaxBuddy has shared a post on X regarding the modus operandi of the Tax refund scam.

It started with a simple message about a pending tax refund. Within minutes, a taxpayer had lost Rs 1.5 lakh. The case reveals how scammers are exploiting refund anxiety.

Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...

Taxpayers would continue to use existing income tax return (ITR) forms to report income for 2025-26 (FY26), even as revamped ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

ITR Deadline: The Income Tax Return (ITR) deadline for the third instalment of advance tax is due on Monday, 15 December 2025, where all Indian taxpayers will have to pay their advance tax ...

ITR forms for income earned in the current fiscal will continue to be issued under the existing Income Tax Act, 1961. The government will notify the new Income Tax Return (ITR) forms under the Income ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Filing Income Tax Returns (ITR) may be ...

The due date to file the income tax return (ITR) for FY 2024-25 ended on 16 September after two extensions. However, if you now realise that you made some mistake while filing your return and ...