A Nil Income Tax Return (ITR) is filed when an individual’s income falls below the taxable threshold, resulting in zero tax ...

In many cases, individuals either skipped the mandatory Schedule VDA in their income tax returns or wrongly claimed ...

In a significant recognition of India’s leadership in disaster risk management, Dr. Mrutyunjay Mohapatra, Director General of ...

ITAT Hyderabad remands Mahindra University's 80G application to CIT(E), citing arbitrary rejection despite prior 10(23C)(vi) approval for charitable ...

you will have to declare the winning prize in ITR forms. 1. First prize money winner (Rs 1 crore): PB 387017 2. Second prize money winner (Rs 50 lakh): PH 310283 3. Third prize money winners (Rs 5 ...

This applies to returns originally due by July 31, 2025. The extension accommodates revisions in ITR forms. It also considers ongoing system development. New ITR Filing Deadline FY 2024-25 ...

Income Tax Return (ITR) Filing Deadline Extended: The CBDT has extended the ITR filing deadline for Assessment Year 2025-26 to September 15, 2025, due to system upgrades and ITR form revisions.

ITR-4, also known as the Sugam Form, is for resident individuals, Hindu Undivided Families (HUFs), and partnership firms (excluding LLPs) who have opted for the presumptive taxation scheme under ...

ITR Filing 2025: The Union Budget 2025 raised this limit to Rs 4 lakh ITR Filing 2025: As the Income Tax Return (ITR) filing season begins, one question often confuses many taxpayers: Do I need to ...

All ITR Forms notified for AY 2025-26 but you still can't file your income tax return - Find out why (Image: AI generated) If you are preparing to file Income Tax Return (ITR), then this news is ...

Filing your Income Tax Return (ITR) is an annual obligation for every eligible Indian taxpayer. It not only ensures compliance with the law but also facilitates access to various financial ...

After notifying all income tax forms from ITR-1 to ITR-7, Central Board of Direct Taxes (CBDT) has now notified ITR-U (updated) as well via notification dated May 19, 2025. To encourage voluntary ...