Taxpayers get a comprehensive view of information displayed in Form 26AS through Annual Information Statement (AIS). Notably, ...

ITR filing experience this year will be different from previous years due to several modifications introduced by the Income ...

The Central Board of Direct Taxes will intensify efforts to combat tax evasion. They plan to use data analytics and ...

Tax filing season is already here but if your employer has still not issued a Form 16, you don't need to worry as you can ...

A tax expert’s recent review of a client’s ITR revealed a glaring issue—duplicate reporting of the same interest income in the Annual Information Statement (AIS). While the AIS showed Rs 4.1 lakh, the ...

Taxpayers are gathering crucial documents for the income tax returns filing for Financial Year 2024-25, ahead of the extended ...

You will have to choose between ITR-3 and ITR-4 (Sugam), verify AIS to ensure you do not miss out on any source of income and maintain documentary proof for any deductions claimed.

The Income Tax Department has been actively providing information to taxpayers about their financial transactions, in order to encourage voluntary compliance.

The Delhi High Court has quashed the criminal proceedings initiated against an assessee under Section 276C, 276D and 277 of ...

He said that while filing the Income Tax Return (ITR) utmost care should be followed. If there is a difference of Rs 50 lakh ...

In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on ...

As you are set to file your income tax return (ITR) for FY 2025, you are recommended to cross check the details given on key ...