Registering on the income tax e-filing portal is the first step to file your return. A quick look at the step-by-step process to get started online
From April 2026, your ITR filing experience will be simpler, with pre-filled smart forms and a cleaner tax framework.
The new bill uses slightly different wording. It only excludes "occupied" commercial properties from house property taxation.
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
Kavita Damani won the case before the Income Tax Appellate Tribunal (ITAT), Mumbai, because she fulfilled the legal conditions required to claim exemption from capital gains tax under section 54 of th
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
From influencers to F&O traders, the Income Tax department's revised 'Nature of Business' codes will affect how freelancers and professionals file their returns in AY 2025-26
SC rules foreign firm's control over Indian business via shared office space qualifies as a permanent establishment, triggering income tax liability
Speaking on using artificial intelligence to monitor taxpayer behaviour, CBDT Chairman Ravi Agrawal stated that the department's role remains facilitative and non-intrusive
The finance ministry said the statute only provides for the time-lines and procedural requirements and the mechanism to make appellate procedure more efficient and taxpayer friendly
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.
ITR-2 and 3 utilities were also released late in mid-July, but the deadline was later extended
Ignorance is not a defence and taxpayers have to give proof to justify claims, say experts
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.
'Filing a wrong ITR doesn't just stall refunds, it can trigger penalties and scrutiny if not fixed,' warns a tax expert
They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts
'Switching jobs mid-year can complicate tax filing, but with a little attention to detail, you can avoid common mistakes. As experts say, 'A few extra steps today can save you headaches tomorrow.
Misreporting or underreporting income can lead to penalties of up to 200 per cent of the tax due. Tax experts warn that even small errors may trigger scrutiny under the new AI-driven system.