Income Tax Filing

Budget makes tax compliance easier, gives relief in penalties and timelines

Budget signals a shift toward a less adversarial tax regime by extending return-filing deadlines to March, halving the mandatory litigation deposit to 10%, and decriminalising minor procedural lapses

Claiming HRA without a rent agreement? Tax dept will ask for proof

While a formal rent agreement is not a legal prerequisite, Tax planning 2026: digital payment trails and landlord PAN details are essential to withstand tax department's scrutiny

India's taxpayers move beyond salary as multi-income filings surge: Report

Tax filings reveal a growing shift towards multi-income earners

Does the IT dept track your online spending or lifestyle? Govt clarifies

Government responds to claims about ITD and citizens' digital activity

Updated or revised ITR? What taxpayers need to know before Dec 31 deadline

'Knowing when to file an updated or revised ITR can safeguard your refunds,' says expert

Can tax officials access emails and social media under new tax rules 2025?

Section 247 under the new Act allows authorised officers to access computer systems or virtual spaces, but strictly during search and survey operations where there is credible evidence of evasion

2025's most overlooked tax-saving opportunities: See which ones you missed

From Section 80D to home-loan perks, here's what many taxpayers overlooked last year

What people got wrong in filing tax returns; how they can do better in 2026

Tax experts say that omissions, data mismatches, and common assumptions were the primary causes of defective returns, penalties, and delayed refunds this year, urging timely preparation for 2026

Income Tax dept emails flag cash deposits, property deals: What to do

Emails about high-value transactions in Annual Information Statements nudge people on compliance processes, say experts

Taxpayers warned to recheck donation claims as govt flags bogus receipts

The Income Tax department has started sending SMS and email advisories to taxpayers for wrongful deduction claims related to unrecognised political parties or charitable institutions

Unable to report foreign assets in revising tax returns? Here is what to do

Tax department advises taxpayers attempting to disclose foreign assets in revised returns to switch from ITR-1 or ITR-4 to the correct forms (ITR-2 or ITR-3) by December to ensure compliance

New ITR forms under 2025 Income Tax Act to be notified before FY28: Govt

The documents will make tax filing easier by reducing legal wording, say experts

Advance tax check: Who must pay now and what missing the deadline can cost

With the 15 December instalment approaching, here is a clear guide on who must pay advance tax, how much is due, and the interest costs of missing the cut-off

New Income Tax Act from April 2026; ITR forms will be ready by January

The intent of the department is to keep the I-T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961

ITR deadline extended to Dec 10 for firms under audit: Details explained

Professionals and other assessees covered under Section 44AB of the Income Tax Act will benefit, too

Missed something in your ITR? You can still correct it with ITR-U

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

I-T department begins action on firms failing to report high-value deals

The Income Tax Department has started issuing notices and levying penalties on these non-compliant entities, directing field officers to complete the process by end-November

ITR portal update: Now see when tax officers review your submissions

The Income Tax Department's new feature brings transparency and accountability to faceless assessments, helping taxpayers track official action and reduce uncertainty.

Tax audit deadline moved to Oct 31: Who needs to follow process, why

Tax audit deadline: One month more give to businesses and professionals after representations from industry groups

No updates, no refunds: Experts explain what's causing ITR delays

Compliance mismatches and backend slowdowns are keeping refunds stuck, taxpayers advised to be proactive