If you haven't filed your Income Tax Return (ITR) for the financial year 2024-25 (FY25), there's no need to panic. Even if ...
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...
Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...
Income Tax Return: Under the new tax regime, the effective threshold may start from Rs 3 lakh for some, but mandatory filing applies if income crosses the exemption.
Taxpayers would continue to use existing income tax return (ITR) forms to report income for 2025-26 (FY26), even as revamped ...
India’s new Income Tax law will simplify ITR filing from 2027 with pre-filled returns, crypto disclosure and changes to PAN rules.
The draft Income-tax Rules, 2026, propose several income-tax forms that were earlier prescribed under the Income-tax Rules, 1962. The CBDT is expected to notify the draft income tax rules by the first ...
A major focus of the draft rules is to make income-tax return (ITR) filing simpler under the new law. The government has ...
India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...
The due date for filing of income tax return for non-audit taxpayers, who are required to fill ITR-1 and ITR-2, for assessment year 2026-27, will be July 31, 2026. For ITR-3 and ITR-4, the due date is ...