As the Income Tax Return (ITR) filing season begins, many salaried employees wait for their employers to issue Form 16. However, due to reasons such as a job change, company closure, lower taxable ...
Many salaried individuals have to use the ITR-1 form to file their tax returns. A resident individual having total income up to Rs 50 lakh from salary, one house property and income from other sources ...
Experts warn that postponing ITR filing in anticipation of an extension could have financial consequences if the deadline remains unchanged.
AI Quick Read As income tax return (ITR) filing for assessment year (AY) 2026-27 gathers pace, many salaried taxpayers are relying on Form 16 issued by their employers to prepare their returns.
Form 16 makes return filing easier, but it is not the only document required. By reconciling salary records with Form 26AS, AIS, bank statements and investment proofs, salaried taxpayers can ...
Earning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures ...
The I-T department had on Monday said more than 4 crore income tax returns have been filed for Assessment Year 2026-27.
It’s the last week of July and like every year the income tax return filing deadline is nearing. For salaried taxpayers July 31, 2026 is the last date on which they can file their ITR within the due ...
Reconciling income with Form 26AS, AIS, and TIS is essential to ensure consistency with the tax department’s records and to mitigate the risk of future scrutiny. Filing the Income Tax Return (ITR) for ...
The deadline for filing the income tax return is almost here and if you have not filed your ITR yet its high time that you do it since July 31, 2026 is the final date for salaried individuals and ...
With the ITR filing deadline just around the corner, now is the time to file your return if you haven't already. Follow these 10 simple steps to file your ITR online quickly and correctly.