Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits.
As the 2026 tax season gets underway, taxpayers are being urged to familiarise themselves with the filing process, important ...
The Court emphasized that procedural defaults should not override substantive tax benefits where genuine hardship exists. It directed tax authorities to consider delayed returns and proceed with ...
As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...
India crypto tax drives $6.1 billion offshore annually as Parliament formally consulted Binance, WazirX, and ZebPay on May 20 ...
Guide explains who should file ITR 1, 2, 3 and 4 for FY 2025-26, detailing income limits, sources, residency status, business ...
Filing the income tax return is only half the battle. After submission, you have 30 days to e-verify your return.
NRIs are subject to income-tax in India depending on their residential status. Here's a look at the applicable tax slabs, ...
Filing an Income Tax Return starts with selecting the right ITR form based on your annual income, sources of income and ...
The Income Tax Department has made the process of filing the ITR-1 (Sahaj) form for Assessment Year 2026-27 extremely simple ...
Choosing an incorrect form may render the return defective and could potentially lead to delays, notices, or ...
Merely being a director or partner does not automatically create an obligation to file an Income Tax Return. Filing requirements arise only when conditions under Section 139(1) or the Seventh Proviso ...