ITR filing FY 2024-25: The Income Tax Department has opened the online e-filing of ITR-2 on the Income Tax Portal incometax.gov.in/iec/foportal/. The online ...

Persons who had investments in unlisted equity shares at any time during the entire financial year. An individual who is a ...

In a significant update for income tax filers, the Income Tax Department has launched the online pre-filled ITR-2 form, simplifying the return filing process for thousands of taxpayers. This change ...

As per officials, the extension was needed because of major changes in ITR forms and the time required to update the filing system. Also Read: ITR Filing: New TDS/TCS statement correction deadline; ...

Q1. What are the different ITR forms? The Income Tax Department has prescribed multiple forms for different categories of taxpayers: ITR-1 (Sahaj): For individuals with income of up to Rs 50 lakh. ITR ...

To file ITR, it is important to know which ITR form one has to fill as each form has its own conditions and eligibility. ITR-1 is for salaried and pensioners, whereas people with business or capital ...

Get the latest updates on Income Tax Return filing deadline, process, late filing penalty, and important announcements.

Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...

Filing your Income Tax Return (ITR) is not only a legal obligation but also an important step in maintaining financial discipline and transparency. For Assessment Year (AY) 2025-26, the Central Board ...

New Delhi: If your income is not subject to audit, only three weeks remain to file your Income Tax Return (ITR). The Income Tax Department has begun sending SMS reminders. The final deadline for ...

With income-tax utilities being released late this year, tax experts are grappling with a bottleneck. Adding to the pressure are persistent portal glitches, from frequent session timeouts to ...