A common mistake taxpayers make is opting for the incorrect tax return form. For instance, instead of ITR-2, a taxpayer may ...

Navigate to the “View Returns/Forms” section to see all filed returns with their current status. Select the financial year ...

In some cases, returns are verified but not yet processed. Refunds are only issued after processing is complete. Taxpayers ...

How long does it take to get your ITR refund? Refunds often occur 4–5 weeks following e-verification. Learn the causes of ...

A condonation of delay application enables late ITR filing, crucial for claiming past refunds or carrying forward losses once ...

While it is true that you may not have any tax dues, that alone does not mean you can skip filing your return. Filing ITR is ...

Notably, crypto losses cannot be carried forward or set off. If a taxpayer reports crypto income under the head of capital ...

Despite major upgrades to backend systems and quicker processing for many, a significant portion of refunds is stuck due to ...

Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...

Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY ...

Taxpayers are allowed to switch between the new and the old tax regimes during the filing of returns, albeit with a condition ...

According to tax laws, F&O income is classified as non-speculative business income under Section 43(5) of the Income Tax Act.