Filing Income Tax Returns (ITR) every year is a cumbersome task for most people. Selecting the right form, filling in the ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via rectification and updated return.

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny.

Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...

Taxpayers face difficulties with the Capital Gains Account Scheme. Experts propose Budget 2026 reforms to simplify the ...

Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

Resident taxpayers must report foreign assets and income under Schedule FA, even if tax isn’t affected. Non-disclosure can attract penalties under the Black Money Act, making accurate reporting ...