Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

The Income Tax Department on 16 August released excel utilities for filing updated returns in ITR-3 and ITR-4 for the assessment years 2021-22 and 2022-23. Prior to this, the department also released ...

Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...

The Income Tax Department has now enabled utilities for filing updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per Finance Act, 2025. Union ...

As many people across the U.S. prepare to file joint tax returns in this 2025 tax season, some are understandably concerned about issues like maximizing refunds and how to pay the IRS if they owe. But ...

If you switch jobs during the year and do not merge your Form 16 details correctly, income may appear underreported. (Image: Canva) The September 15 deadline to file your Income Tax Returns (ITR) for ...

Filing an ITR, even with zero or low income, provides a host of advantages. The common perception that filing an Income Tax Return (ITR) is only for salaried professionals or business owners is a ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

The Income Tax Department, on August 16, rolled out updated Excel utilities to facilitate the filing of revised returns for ITR-3 and ITR-4 forms for assessment years 2021-22 and 2022-23. This follows ...

The Income Tax Department has announced that taxpayers can now file updated income tax returns (ITR-U) for the assessment years (AY) 2021-22 and 2022-23 using ITR-3 and ITR-4 forms. The facility was ...

The Income Tax return (ITR) filing season is currently on. Taxpayers are scurrying around to file their returns well in time before the deadline ends on September 15. Some are using the services of ...