Salaried individuals will be required to file ITR forms for financial year 2024-25 and assessment year 2025-26. However, self ...

Tax refund is the amount the Income Tax Department repays to you when the total tax paid by you—through TDS, advance tax or ...

The Central Board of Direct Taxes (CBDT) has extended the last date to file income tax return from July 31, 2025, to September 15, 2025, for the financial year 2024-25. In the past, CBDT has asked the ...

Self-assessment taxpayers who need to make their second payment on account for the 2024/25 tax year have less than two weeks to do so or face hefty interest charges and penalties.

If your company does not provide you with the Form 16, you can submit the income tax return using these alternatives.

A new online Pay As You Earn (PAYE) service will simplify how employees check and update their income, allowances, reliefs ...

HUNDREDS of thousands of low earners have been slapped with hefty HMRC fines, even though they don’t owe any tax. Currently, ...

Sage's Chris Downing answers key questions around Making Tax Digital for Income Tax. Get ready for its introduction in April ...

Even if you do not owe the taxman any money, failure to complete and submit your tax return could result in a penalty costing ...

Learn how AIS and Form 26AS mismatches can lead to tax notices, scrutiny, and penalties. Understand common errors and ways to ...

Taxpayers should make only eligible claims as any discrepancy could lead to significant penalties and even legal action.

The Income Tax Department now allows online filing of Form ITR-B for taxpayers served notices under Section 158BC, linked to ...