The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...
ITR Form: Income Tax Return (ITR) is a form that every taxpayer in India needs to file with the Income Tax Department every year. It shows your income, expenses, deductions, and tax paid. Filing ITR ...
The Income Tax Department has released all seven ITR (Income Tax Return) forms for the Assessment Year 2025-26. These forms are used to file returns for the financial year 2024-25. The ITR-1 (Sahaj) ...
The Income Tax Department has made the Excel utility for Income Tax Return (ITR)–5 available on its e-filing portal, allowing eligible taxpayers to start filing for the assessment year 2025–26. The ...
For 2024–25 (2025–26 assessment year), the Income Tax Department has released seven different income tax return (ITR) forms—IITR-1 to ITR-7—each tailored to a taxpayer type. Choosing the correct one ...
Even after 100 days since the start of the ITR filing season for AY 2025-26, the Income Tax Department has released utilities for only ITR-1 and ITR-4. With the September 15 deadline approaching and ...
ITR filing 2025: As the tax filing season rolls in, so does the annual confusion: “Which ITR form should I choose?” It’s the financial equivalent of being handed six doors and told to pick the right ...
The Income Tax Return (ITR) filing season is in full swing. The process to facilitate corresponding utilities for some ITR forms like ITR-5, 6 and 7 is, however, yet to be completed. The government ...
Income Tax Return (ITR) e-filing FY 2024-25: Those with freelance income must file ITR-3 or ITR-4 forms. EY India's Amarpal Chadha advises that income from independent work falls under “Profits and ...
ITR-1: While filing your income tax return, you don't need to file any form for opting in or opting out of the new tax regime in ITR-1. While filing your Income Tax Return (ITR), you need to provide ...
Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...