As the income tax return (ITR) deadline for FY 2024-25 (Assessment Year 2025-26) approaches, many taxpayers are asking whether ITR submission is necessary if their annual income is less than ₹2.5 lakh ...

The Income Tax Department has now made the excel utilities for ITR-2 and ITR-3 available. This allows people with taxable capital gains, crypto earnings, and other incomes to start filing their ITRs ...