The Income Tax Department has enabled ITR-2 filing for AY27 as experts warn investors and NRIs against costly filing errors ...

Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small businesses, with no change in tax slabs.

With the Income Tax Return (ITR) filing season for Assessment Year (AY) 2026-27 gaining momentum, taxpayers across India are ...

Many retirees may believe that ITR filing is optional. Pension income is taxable, requiring ITR submission based on total ...

ITR filing rules for super senior citizens come with several relaxations, including relief from mandatory e-filing in specific cases. Here’s a look at the eligibility conditions, exemptions and key ...

First-time ITR filing can be complex due to multiple forms and compliance rules. Taxpayers must verify income details, choose ...

In India, intraday trading profits are taxed as speculative business income, while Futures & Options trading profits are ...

The ITR filing season for Assessment Year (AY) 2026-27 has officially begun, and salaried employees, pensioners, freelancers, ...

The Tribunal accepted the assessee’s claim that the opening capital figure in the earlier ITR was wrongly reported due to ...

Income Tax Department ramps up AI driven data checks, more tax notices for salaried, freelancers and small businesses, ...

Tax experts say that even salaried individuals may fall under the business income category if they trade in derivatives, ...

The new forms were officially notified on March 31, 2026, and are applicable for returns filed during the current filing ...