Filing the correct Income Tax Return form is crucial. and taxpayers must select forms based on income sources. Here are the ...

The Income Tax Department has notified all seven ITR forms, along with ITR-V and ITR-U, for the Assessment Year 2026-27 (Financial Year 2025-26). This has led many taxpayers to wonder if they can ...

From salaried employees and capital gains earners to freelancers and businesses, taxpayers must carefully choose the correct ...

Know all about ITR filing. Complete Guide on How to File Income Tax Returns online FY 2023-24. Step by Step Guide on Income tax returns filing process, date, deadline, deadline extension, news, latest ...

Taxpayers should consult the Income Tax Department website for the relevant instructions and FAQs to ensure they select the ...

MANILA, Philippines — The filing for the income tax return (ITR) for the year 2025 has been extended to next month, President Ferdinand Marcos Jr. said. In a social media post, Marcos announced the ...

Purpose / when used Filed after missing the original due date (late filing). Filed to correct an error/omission in an already-filed return (original or belated). Filed to voluntarily disclose missed ...

ITR-6 and ITR-7 forms, adding wider disclosures and simplifying capital gains reporting for AY 2026-27 taxpayers.

KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities are affecting return filing preparedness. The representation highlighted ...

In a statement, the BIR said its April performance despite the extension for the filing of the 2025 Annual Income Tax Returns ...

Deduction of tax at source and discharge of tax liability are two different things and just deduction of tax at source from interest does not mean that you have discharged your tax liability ...

Claimed HRA and home loan tax benefits incorrectly in your ITR? Know when both claims are allowed, possible tax notices, ...