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Page 2 - Income Tax E-filing

Have money abroad? IT dept's new guide spells out what & how to report

CBDT's latest guide explains how resident Indians must disclose foreign income and assets in ITR this year, missed details can lead to penalties under the Black Money Act

Have money abroad? IT dept's new guide spells out what & how to report
Updated On : 30 Jul 2025 | 3:39 PM IST

ITR declared invalid? CBDT offers relief for those with technical glitches

Taxpayers whose returns were wrongly invalidated by the CPC now have fresh hope as CBDT orders reprocessing of such ITRs; refunds and interest may follow

ITR declared invalid? CBDT offers relief for those with technical glitches
Updated On : 29 Jul 2025 | 4:14 PM IST

Tax refund scam alert: Don't fall for that 'manual verification' email

Government warns taxpayers about phishing attempts to gather their financial information

Tax refund scam alert: Don't fall for that 'manual verification' email
Updated On : 22 Jul 2025 | 11:18 AM IST

Income Tax Bill 2025: 285 changes, fewer sections, no more Assessment Yr

The 31-member Select Committee, chaired by BJP leader Baijayant Panda, was appointed by Lok Sabha Speaker Om Birla to scrutinise

Income Tax Bill 2025: 285 changes, fewer sections, no more Assessment Yr
Updated On : 21 Jul 2025 | 3:56 PM IST

ITR-2 e-filing opens: what's new in AY 2025-26, who needs to use form

Online tax form was delayed due to revisions that match legislative changes, say experts

ITR-2 e-filing opens: what's new in AY 2025-26, who needs to use form
Updated On : 18 Jul 2025 | 2:35 PM IST

E-verification of ITR: Here is how to complete your tax filing process

You must e-verify your ITR within 30 days of filing to complete the process. Here's how to do it easily using Aadhaar OTP, net banking and other online methods.

E-verification of ITR: Here is how to complete your tax filing process
Updated On : 17 Jul 2025 | 3:57 PM IST

Guide to filing tax return: View all your financial activities in one place

AIS and TIS are documents that will help you check all your income and tax details

Guide to filing tax return: View all your financial activities in one place
Updated On : 16 Jul 2025 | 11:21 AM IST

Changing details on e-filing portal? Here's how to e-verify them easily

Have you updated your mobile, email or bank details on the income tax portal? Complete e-verification quickly to avoid delays in refunds and important tax alerts.

Changing details on e-filing portal? Here's how to e-verify them easily
Updated On : 14 Jul 2025 | 5:06 PM IST

Unlimited but repeated ITR revisions may cause scrutiny, say experts

Tax experts say revising your ITR is allowed, but frequent or significant changes may raise red flags with the department's AI-driven systems

Unlimited but repeated ITR revisions may cause scrutiny, say experts
Updated On : 26 Jun 2025 | 4:26 PM IST

'Validation error' in filing tax return: How to fix problem, get refunds

Validation ensures refunds are credited to correct accounts and tax returns are filed properly

'Validation error' in filing tax return: How to fix problem, get refunds
Updated On : 26 Jun 2025 | 1:10 PM IST

High-value transactions can catch IT dept's eye: Here's what to watch for

With big transactions under the scanner, keeping records clear and payments traceable is key to staying smooth with the tax department.'

High-value transactions can catch IT dept's eye: Here's what to watch for
Updated On : 23 Jun 2025 | 4:52 PM IST

Taxman knows more than you think: Here's why clean ITR filing matters

From rent fudging to hidden income, the tax department's digital dragnet is tighter than ever, mistakes can cost big. Here's how to stay safe this ITR season with clean, accurate filing.

Taxman knows more than you think: Here's why clean ITR filing matters
Updated On : 20 Jun 2025 | 5:05 PM IST

Excel Utility revised for filing tax returns: Here's what has changed

Stricter disclosure norms and additional reporting fields added to documents

Excel Utility revised for filing tax returns: Here's what has changed
Updated On : 10 Jun 2025 | 3:52 PM IST

ITR-1, ITR-4 forms go live: Know what has changed, who can file online

Salaried individuals, small businesses and investors with minor gains can fill up these forms, say experts

ITR-1, ITR-4 forms go live: Know what has changed, who can file online
Updated On : 05 Jun 2025 | 4:16 PM IST

Sept 15 is new deadline to file ITR but that's not for everyone: Here's why

ITR filing deadline: Businesses and professionals under audit will not get more time and they must stick to the original dates

Sept 15 is new deadline to file ITR but that's not for everyone: Here's why
Updated On : 04 Jun 2025 | 12:37 PM IST

ITR forms seek more information: Changes for AY 2024-25 you need to know

Revised documents have reporting requirements for digital assets and foreign income, seeking to enforce government's drive for greater disclosure

ITR forms seek more information: Changes for AY 2024-25 you need to know
Updated On : 14 May 2025 | 1:38 PM IST

Changes in ITR Form 6 for 2025: Key updates taxpayers should know

Document revises the way taxes were reported for buyback proceeds, unlisted bonds and cruise shipping companies

Changes in ITR Form 6 for 2025: Key updates taxpayers should know
Updated On : 14 May 2025 | 12:20 PM IST

What's new in ITR-7 for AY 2025-26? Trusts and NGOs need to know this

The income tax department has notified ITR-7 for AY 2025-26 with key changes in capital gains reporting. Here's what trusts, NGOs and institutions filing under section 139 should keep in mind

What's new in ITR-7 for AY 2025-26? Trusts and NGOs need to know this
Updated On : 13 May 2025 | 5:14 PM IST

Income Tax dept notifies all 7 ITR forms for assessment year 2025-26

The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ITR-7, filed by trusts and charitable institutions, was notified on May 11. One important change has been introduced in ITR-1 and 4, which was notified on April 29, relating to the reporting of capital gain income from listed equities. Now, salaried individuals and those under the presumptive taxation scheme, having long-term capital gains (LTCG) of up to Rs 1.25 lakh in a financial year, will be able to file ITR-1 and ITR-4, respectively. Earlier, such persons/entities were required to file ITR-2. Under the I-T law, LTCG of up to Rs 1.25 lakh from sale of listed shares and mutual funds is exempt from tax. Gains exceeding Rs 1.25 lakh/ annum are subject to 12.5 per cent tax. The last date for filing ITR for individuals and those who do not have to get their accounts audited is July .

Income Tax dept notifies all 7 ITR forms for assessment year 2025-26
Updated On : 12 May 2025 | 7:13 PM IST

Filing ITR for AY 2025-26? Avoid these common mistakes and new pitfalls

New ITR forms, stricter checks, filing your AY 2025-26 return? Here's what to watch out for to avoid delays, notices, or penalties

Filing ITR for AY 2025-26? Avoid these common mistakes and new pitfalls
Updated On : 09 May 2025 | 5:09 PM IST