ITR Filing: The last date for filing the Income Tax Return,, ITR) is approaching. If you are employed and are preparing to file ITR for Assessment Year 2025-26 for the financial year 2024-25, then it ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

From April 1, 2026, India’s new Income-tax Act, 2025 will reshape how taxpayers file their returns. While ITR-1 to ITR-7 remain, the draft Income-tax Rules, 2026 tighten eligibility for simplified ...

The draft Income-tax Rules, 2026, propose several income-tax forms that were earlier prescribed under the Income-tax Rules, 1962. The CBDT is expected to notify the draft income tax rules by the first ...

Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...