New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...

Generally, the delay in transactions is due to technical reasons. However, refunds are typically credited into the bank ...

The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...

Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...

CBDT will be sending SMSs and emails to taxpayers who’ve been identified as not disclosing foreign income and assets in the ...

The CBDT has also advised taxpayers to file a revised ITR in case they had made possible errors in their filing ...

AIS and 26AS collect and consolidate data from banks, employers, brokers, and property registrars. Filing an ITR simply confirms pre-existing financial records, making unreported income easily ...

India will roll out freshly designed income-tax return forms under the new Income Tax Act, 2025, with the Finance Ministry ...

T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...

Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...

Extended income-tax return, TDS submissions, advance tax payment, and Form 3CEAD filing for international groups. Key dates ...