With only a day left to file income tax returns, many taxpayers are rushing to submit their ITR at the last minute before the deadline. Some may still have important questions about the process, the ...
The Income Tax Act, 2025 replaces the old 1961 law from April 2026, streamlining compliance, revising deadlines, rationalising STT and TCS and introducing key relief measures for taxpayers.
The Income Tax Department has enabled online filing of ITR-5 and ITR-7 forms for Assessment Year (AY) 2025–26. Both forms are now available on the official e-filing portal with pre-filled data to make ...
With the rollout of the new Income-tax Act, 2025, taxpayers are expected to get relief from several systemic issues faced ...
ITR filing dates will change for some categories, with businesses and professionals not requiring audits shifting from July 31 to August 31, while the deadline for revised returns will extend from 9 ...