ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

Only a few months are left to file ITR. The new financial year started yesterday i.e. 1st April. From now on, taxpayers can ...

Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the taxpayer categories, such as individuals, Hindu Undivided Family (HUF), ...

Filing Income Tax Returns (ITR) is a yearly obligation for every eligible taxpayer in India. With the government's push towards digitization, the process of filing ITR online has become much ...

ITR 1 2 3 4 5 6 meaning is one of the most searched terms during tax season in India. Every taxpayer—whether salaried, self-employed, a business owner, or part of a ...

The Income Tax Department has introduced a new Excel-based utility for ITR-2 which was launched on March 25, 2025. Trending Photos New Delhi: The new financial year has started and so has the tax ...

The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption ...

Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of 80) have a ...