Individuals and HUFs not eligible for ITR-1 can file ITR-2 online. This guide details the necessary documents and steps for ...
ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income ...
Income Tax Return filing in India for FY 2025–26 and AY 2026–27 explained, learn forms, documents, online steps, and key mistakes to avoid.
CBDT has notified revised ITR-2 for AY 2026-27 with changes to capital gains, buy-back reporting, disclosures, due dates and filing ...
Because there are some financial transactions that could make you ineligible to file ITR-1 and require you to switch to ITR-2 ...
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 ...
The tax treatment of SGBs depends on the type of income earned and whether the bonds were redeemed on maturity or sold before maturity.
ITR rules for AY 2026-27 make taxpayers with foreign assets, overseas retirement accounts or foreign income ineligible for ...
As Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why taxpayers receive scrutiny notices, how they should respond, ...
The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, including exemptions on gratuity, commuted pension and leave ...
Income earned from the sale of cryptocurrencies needs to be declared in the Virtual Digital Asset (VDA) schedule. In the income tax return (ITR) parlance, cryptocurrencies are known as VDAs ...
Income Tax Return filing is beneficial even for those below the exemption limit as it serves as income proof for loans and ...