Taxpayers must select an ITR form and file their returns according to their total income, the nature of their income, and ...
ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...
The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...
The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...
With an organised approach, investors can seamlessly navigate tax filings, stay compliant, and avoid unnecessary penalties, ...
The current deadline to file an updated ITR for FY 2021-22 (AY 2022-23) is March 31, 2025. In her eighth budget speech on ...
Out of these taxpayers, those whose income is between ₹ 1-5 crore is a whopping 3.89 lakh, while those with income between ₹ ...
Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing ...
For travel to destinations like the US, Canada, Europe, or Australia, embassies often ask for ITRs as proof of financial ...
The Income Tax Department has urged timely filing, as returns filed before the deadline attract a lower additional tax of 25% ...