6 reasons why you should file your income tax return (ITR) on time even if your yearly income is less than Rs. 2.5 lakh

Income Tax Return (ITR) filing deadline is just around the corner, i.e.…

Income tax benefits available to senior citizens

Senior citizens can enjoy certain tax benefits besides the tax rules that…

ITR filing: How to rectify information reported in AIS?

Before filing an income tax return for FY 2021-22, one should view…

ITR filing: Which ITR form must be filed by sole proprietorship businesses

The Income Tax Return (ITR) filing deadline for the financial year 2021-22…

Advantages of filing your ITR

Over the past few years, the Central Board of Direct Taxes (CBDT)…

ITR-U e-filing enabled AY 2020-21 and AY 2021-22

What is ITR-U? Taxpayers will now be able to update their returns…

ITR: Who should not file returns in ITR-1 for FY 2021-22?

The due date to file Income Tax Returns is fast approaching for…

Do you need to file ITR and disclose your foreign travel expenses?

People are splurging on foreign travel as international travel opens up after…

Higher TDS for Non-ITR Filers?

The Central Board of Direct Taxes (CBDT) issues a circular for determining…

Income Tax Department Notifies Income Tax Forms For FY 2021-22 (AY 2022-23)

The government has notified new ITR forms through a notification for return…