Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing adjustment or whether it reflects a mismatch in income, TDS, deductions, or ...

Taxpayers must file accurate income tax returns using the correct ITR form to avoid being flagged for defects. The e-filing ...

Explore the evolving complexities of India's ITR-1 and ITR-2 tax forms as filing becomes easier or harder for individuals.

The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by ...

Learn ITR filing eligibility, applicable ITR forms, required documents, due dates, late filing penalties and how to choose the correct return ...

ITR-1 is generally filed by salaried individuals or pensioners, while ITR-4 is meant for individuals earning income from ...

The shift is the result of a key relaxation in the eligibility rules for ITR-1 for AY 2026-27. Earlier, the presence of any capital gains however small pushed a taxpayer out of ITR-1 and into ITR-2.

Because there are some financial transactions that could make you ineligible to file ITR-1 and require you to switch to ITR-2 ...

Know the eligibility, exclusions and key differences between ITR-1, ITR-2 and ITR-4 for AY 2026-27, including Section 139(9) and revised return ...

A foreign retirement account is treated as a foreign asset. Even if it earned no income during the financial year, taxpayers ...