New Delhi: The ITR filing season for the Assessment Year 2025-26 has begun. Just like every year all taxpayers including salaried individuals can file their returns using one of the seven ITR forms ...
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 ...
Income Tax Return (ITR) filing 2024: The ITR filing can be a challenging task for a first-time taxpayer as it requires understanding the process, keeping ready key documents and identifying the ...
Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can ...
Did our AI summary help? New income tax return (ITR) forms for the financial year ending March 2026 and the assessment year 2026-27 are expected to be notified soon. While the forms have been ...
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. Illustration: Dominic Xavier ...
The Central Board of Direct Taxes (CBDT) has recently introduced the draft Income-tax Rules, 2026, in alignment with the Income-tax Act, 2025, which will come into effect on 1 April 2026. The draft ...