If you're a salaried person and usually file your income tax return (ITR) under the old tax regime, there's something new you need to be aware of this year. Just using Form 16 won't be enough any more ...
Check out ITR Filing 2026 deadlines for FY 2025–26 and AY 2026–27, covering key income tax return due dates, revised filing timelines, belated return provisions and essential compliance updates for ...
The Rs 50 vs Rs 200 meal voucher rule has become a point of confusion for salaried taxpayers, especially while filing income tax returns (ITR) for FY 2025–26. The confusion stems from the fact that ...
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 ...
The new Income-tax Act, 2025, will overhaul several commonly used tax forms from April 1, 2026, replacing old formats with ...
A crucial distinction lies between the Assessment Year (AY) 2026–27 and the tax year 2026–27. Returns to be filed by July 31, 2026 (for non-audit cases) will still be governed by the existing Income ...
Taxpayers should carefully match their income profile with the applicable ITR form, as filing returns in the wrong form could ...
A nuanced understanding of the various ITR forms for FY 2025–26 is essential for globally mobile professionals, domestic ...
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Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27
The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both regimes allow certain allowances and perquisites, understanding ...
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