What Is an ITR? An Income Tax Return (ITR) is a form used to declare your gross taxable income, deductions, exemptions, and taxes paid for a specific financial year. It determines your net tax ...

The Income Tax Department has issued an important update for certain categories of taxpayers. While the deadline for most ...

As the order is of Rajasthan and Karnataka High Courts, it will apply in these two states only if an appeal or a review ...

Taxpayers awaiting income tax refunds, especially for larger amounts, may experience delays due to extra verification steps.

The I-T Department issues different forms for different types of taxpayers. This is based on their income sources, level of ...

ICAI’s Direct Taxes Committee has highlighted major issues in the Income-tax Portal, from login failures to tax audit report ...

The Income Tax Department has made ITR-5 and ITR-7 forms available online on its e-filing portal for the Assessment Year (AY) ...

The Income Tax Appellate Tribunal (ITAT) in Delhi has ruled that a disputed tax addition is no longer valid after the Assessing Officer (AO) himself rectified the initial assessment order under ...

Getting your income tax refund rejected can be unsettling, especially after filing on time. But in most cases, the issues are ...

The Income Tax Department has activated online filing for ITR-5 and ITR-7 forms, pre-filled with data, on its official ...