The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.
ITR filing FY 2025-26: Before filing, compare your income and TDS details with documents such as Annual Information Statement ...
ITR filing FY 2025-26: The two regimes differ fundamentally in structure. The new tax regime offers lower slab rates but largely eliminates exemptions and deductions. The old tax regime, in contrast, ...
Individuals filing income tax returns for FY 2025-26 will need interest certificates. These documents verify interest income ...
Taxpayers are advised to carefully select the correct ITR form, verify pre-filled information, and report all sources of income accurately FY25-26 ITR due July 31, 2026 for salaried taxpayers Check ...
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.
Income Tax Returns 2025-26: The new tax regime may be more beneficial for those with fewer deductions and a preference for simpler compliance.
The department is actively sending reminders to taxpayers to promote early filing, aiming to prevent last-minute ...
The Income Tax Department has released the Excel Utility for ITR-5 for FY 2025-26. Know what the offline filing tool is, who ...
Employees who changed jobs during FY 2025-26 should report salary from all employers while filing ITR for AY 2026-27. Verify ...
If you are making a cash payment, then only up to Rs 2,000 is allowed to donate. Otherwise, you should make an online payment ...
ITR filing FY 2025-26: It’s that time of the year when you start gathering your important tax-related documents to file your income tax return (ITR). And while it’s always good to file your ITR on ...