The tax department has recently notified the Income Tax Return (ITR) forms for the Assessment Year 2025–26, which corresponds ...

Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital gains ...

If you filed your tax return between April 14 and 20, 2025, you're on the verge of receiving your IRS refund. This year's ...

Young taxpayers often face challenges with tax filing, primarily due to confusion about the necessary forms and failing to ...

Capital gain schedule, capital loss on share buyback, TDS section code reporting are among the changes in ITR 5 Form.

1. Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers to claim credit in India for the taxes paid in overseas country on the doubly taxed overseas sourced income (i.e., taxed ...

Patna High Court has set aside a tax recovery order against Great Eastern Hire Purchase Pvt. Ltd., ruling that the underlying tax assessment was deemed withdrawn under Section 62 (2) of the ...