The deadline of July 31 to file the Income Tax Return for assessment year 2024-25 is nearing. Once the ITR is filed, the Income Tax Department will conduct an assessment and provide tax refunds. Hence ...

The income tax department has notified all seven ITR forms for the assessment year 2025-26, including changes in ITR-1 and ITR-4 for reporting capital gains. Taxpayers with LTCG up to Rs 1.25 lakh can ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July 23, ...

ITR-5 is the income tax return form for a wide range of entities other than individuals and HUFs. For Assessment Year 2025–26, this form is applicable to partnership firms, LLPs (Limited Liability ...

ITR forms 1, 4 notified: The Central Board of Direct Taxes (CBDT) on Tuesday notified the ITR 1 and ITR 4 forms which are applicable for the assessment year 2025-26 and financial year 2024-25. Those ...

Income Tax Department has come out with a return form for block assessment (ITR-B). This is required to be filed by those who want to disclose previously undisclosed income after an income tax search ...

by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...

Many salaried taxpayers are still waiting for their income tax refunds, and for a growing number of cases, the delay has ...

Find out how fill out HMRC's self-assessment tax return for the 2024-25 tax year, and what income you need to declare Ruby FlanaganSenior Content Producer With a background in financial journalism ...

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 higher limit of Rs 5,00,000 available. The exemption limit for a ...