Page 4 - Income Tax Filing
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")
Govt plans to amend refund provision in new Income Tax Bill, 2025
Section 433 of the new IT Bill, 2025, states that a refund must be claimed by filing a return - regardless of whether it is belated
 "Govt plans to amend refund provision in new Income Tax Bill, 2025")
Got multiple source of income? Here's how to tax returns, use correct forms
Maintaining records and reporting each income source are key to avoiding tax hassles, say exports
 "Got multiple source of income? Here's how to tax returns, use correct forms")
Told your employer one tax regime, but want to switch? Here's the rulebook
You can move to another regime while filing Income Tax return, but maybe asked to pay extra tax if you change your choice says tax expert. Be ready for.
 "Told your employer one tax regime, but want to switch? Here's the rulebook")
Long-awaited tax refunds may finally land as 2023-24 returns are processed
Income Tax returns valid selected for scrutiny or delayed due to taxpayer-related issues will not get relaxation
 "Long-awaited tax refunds may finally land as 2023-24 returns are processed")
June 2025 tax filing & compliance deadlines: What's due, when, and by whom
Completing these tasks in compliance will impact your tax refunds, returns and penalties
 "June 2025 tax filing & compliance deadlines: What's due, when, and by whom")
Can you switch tax regimes? rules for salaried and business taxpayers
Salaried taxpayers can switch tax regimes yearly; business professionals face stricter limits
 "Can you switch tax regimes? rules for salaried and business taxpayers")
Filing Income Tax return for the first time? Here's a step-by-step guide
Completing the process even if your income is below taxable limit establishes financial credibility, say experts
Compare Form 16 and 26AS carefully, alert employer promptly on errors
Deductions missed in Form 16 due to late or non-submission of proofs can still be claimed while filing return
 "Compare Form 16 and 26AS carefully, alert employer promptly on errors")
Retired and saving? CBDT's new guide helps you maximise tax benefits
CBDT's new brochure breaks down tax benefits for retirees, covering exemptions, deductions, and filing ease, making post-retirement money matters clearer and easier to manage
 "Retired and saving? CBDT's new guide helps you maximise tax benefits")
ITR-U changes:Fix tax return errors of up to 4 years but with extra charges
ITR-U is applicable to any individual or corporate entity that has omitted or misreported income, missed deductions, or failed to file returns altogether.
 "ITR-U changes:Fix tax return errors of up to 4 years but with extra charges")
Do NRIs have to file tax returns in India: What's the rule and process
NRIs must pick the right form to give information about their earnings and fill it up carefully, according to experts
 "Do NRIs have to file tax returns in India: What's the rule and process")
Income below tax slab? Filing an ITR still pays off in ways you didn't know
Filing an ITR isn't just for paying taxes, it's a powerful tool for building financial credibility, accessing loans, securing subsidies, and opening doors to major opportunities, even with no tax due
 "Income below tax slab? Filing an ITR still pays off in ways you didn't know")
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")
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
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
ITR 2025: Which form to use, what documents you need, and how to save tax
If you want to file smoothly, avoid errors, and potentially save on taxes, here are some essential tips you should know before you get started
 "ITR 2025: Which form to use, what documents you need, and how to save tax")
Got a tax notice for a sudden income spike? What it means what you must do
What is an Income Tax notice under Section 133(6)? How to respond if you get one? Experts outline what triggers the notice, how to deal with it, and how to stay off the radar?
 "Got a tax notice for a sudden income spike? What it means what you must do")
First-time taxpayer's guide: Forms, filing, and avoiding common pitfalls
Experts break down what first-time filers should know, from selecting the right ITR form to avoiding common mistakes
 "First-time taxpayer's guide: Forms, filing, and avoiding common pitfalls")
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