The introduction of India's new Income Tax framework from April 1, 2026, has created confusion among many taxpayers regarding ...

Filing the income tax return is only half the battle. After submission, you have 30 days to e-verify your return.

If one incorrectly assumes that filing is not required, then one would be liable to face interest for delay in filing ITR and ...

As the deadline for filing Income Tax Returns (ITR) for Financial Year 2025-26 approaches, many taxpayers are seeking clarity ...

Taxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike ...

AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...

Confusion surrounding the new Income Tax Act, 2025, and its transition from Assessment Year (AY) to Tax Year (TY) is ...

Remember that non-filing carries costs beyond penalties. You forfeit the TCS credit and leave an unexplained AIS footprint ...

Section 87A tax relief to resident individuals whose total income is less than the prescribed limits. How does it work? The ...

Taxpayers should ensure that exempt incomes are reported under the appropriate heads even where no tax is payable.

ITR Filing AY 2025-26: Most scrutiny notices are not accusations of wrongdoing. Often, they simply seek clarification or ...