CBDT has notified revised ITR-2 for AY 2026-27 with changes to capital gains, buy-back reporting, disclosures, due dates and filing ...
Filing the wrong ITR form or reporting income under an incorrect head should not, by itself, automatically alter the real ...
The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by ...
Because there are some financial transactions that could make you ineligible to file ITR-1 and require you to switch to ITR-2 ...
ITR Simplified: Filing ITR-2 for AY 2026-27? Know who must use this form, how to file it online, and the key checks to ...
Individuals and HUFs not eligible for ITR-1 can file ITR-2 online. This guide details the necessary documents and steps for ...
Expanded ITR-1 eligibility allows taxpayers with limited long-term capital gains to avoid filing ITR-2. Taxpayers must reconcile Form 16, AIS and Form 26AS to prevent mismatches and compliance issues.
The taxation of Sovereign Gold Bonds has undergone drastic changes from the financial year 2026-2027 due to changes made by the Budget 2026.
The tax treatment of SGBs depends on the type of income earned and whether the bonds were redeemed on maturity or sold before maturity.
Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when ...
Know the eligibility, exclusions and key differences between ITR-1, ITR-2 and ITR-4 for AY 2026-27, including Section 139(9) and revised return ...
ITR-2 is intended for individuals whose income sources extend beyond a standard salary and a single house property. You ...