Taxpayers who missed claiming TCS credits due to mismatches in Form 26AS and AIS still have options to correct the omission ...

Reconciling income with Form 26AS, AIS, and TIS is essential to ensure consistency with the tax department’s records and to mitigate the risk of future scrutiny. Filing the Income Tax Return (ITR) for ...

F&O (Futures & Options) income is treated as non-speculative business income and is taxable under the head Profits and Gains from Business or Profession (PGBP).

Taxpayers can file ITR online via the Income Tax Department's e-filing portal or fintech apps like Paytm, Angel One, PhonePe, and JioFinance.

The deadline for filing the income tax return is almost here and if you have not filed your ITR yet its high time that you do it since July 31, 2026 is the final date for salaried individuals and ...

Income tax filing for assessment year 2026-27 has officially begun since the Income Tax Department has made ITR 1 and ITR 4 filing available on the e-filing portal. Taxpayers can now go ahead and fill ...

Many salaried individuals have to use the ITR-1 form to file their tax returns. A resident individual having total income up to Rs 50 lakh from salary, one house property and income from other sources ...

Kar Saathi gives taxpayers simple AI-based guidance on ITR forms, tax rules and return procedures.India’s tax system now has fewer sections, rul ...

Taxpayers who held unlisted equity shares at any time during the financial year must disclose them in their ITR, even if they were not sold or did not generate any income.

Earning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures ...

ITR defective notice: ITR Filing an income tax return using the wrong ITR form can result in a defective return notice under Section 139(9) of the Income Tax Act. Taxpayers are generally given 15 days ...

Crypto gains have to be disclosed under Schedule VDA while filing ITR-2 or ITR-3, depending on the taxpayer's profile.