Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

Income Tax Returns 2025-26: The new tax regime may be more beneficial for those with fewer deductions and a preference for ...

Income Tax Return filing is beneficial even for those below the exemption limit as it serves as income proof for loans and ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...

Employees Can Switch to the Old Tax Regime While Filing Their Income Tax Return and May Even Claim a Refund As the Income Tax ...

Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two ...

Tax experts generally recommend waiting until around June 15, as Form 16 is typically issued to employees by that date, following the end of the financial year ...

Taxpayers can file their Income Tax Return (ITR) either through the offline Excel utility or via the online utility available on the Income Tax e-filing portal ...

ITR Filing AY 2025-26: Most scrutiny notices are not accusations of wrongdoing. Often, they simply seek clarification or ...

The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that ...