Why saving a draft copy of the ITR can become a tactical advantage rather than submitting it right away after filing the ...

For FY 2024-25, the new tax regime is the default, impacting ITR filing. Switching to the old regime requires careful consideration, especially for those with business income who must file Form 10-IEA ...

Taxpayers can now file their Income Tax Return (ITR) for AY 2025-26 directly through the Income Tax Department’s official ...

Penalty Rules for Late Filing Explained New Delhi, Sept 11, 2025 – The countdown has begun for taxpayers to file their Income ...

Dividends should be reported in full, not after deducting charges or fees. Capital gains from equity or mutual funds must ...

Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips ...

As the last date for filing Income Tax Returns (ITR) for FY 2024–25 draws near, taxpayers must carefully choose between the ...

Instead of asking for total itemized deductions, the form has separate lines for: ...

Less than a week left to file ITR for AY 2025-26; 5 crore returns filed so far. Salaried taxpayers’ deadline ends Sept 15, ...

Filing ITR this year? Know whether you really need a CA, which form to use, documents required, and how to avoid penalties. A practical guide for smart, stress-free filing.

With the October 15 tax deadline fast approaching, it’s natural to feel a sense of urgency. Understanding what’s required ...

A ₹5 lakh mismatch in a taxpayer’s Annual Information Statement (AIS) highlights how small errors can trigger tax notices. Tax Buddy explains how to correct such discrepancies and avoid future ...