ITR Filing 2026: If you haven't filed your income tax return yet, here is a gentle reminder. You have just 4 days left to ...

As of June 2026, the Income Tax Department has notified all ITR forms (ITR-1 to ITR-7) for AY 2026-27. For Assessment Year (AY) 2026-27 (Financial Year 2025-26), the last date for filing an Income Tax ...

The correct return form depends on the nature of income, transactions undertaken during the year, residential status and specific reporting requirements. Because there are some financial transactions ...

AI Quick Read Many taxpayers assume they do not need to file an Income Tax Return if their income is below the exemption limit. While filing may not be mandatory, doing so can offer several financial ...

Many taxpayers assume that if their annual income is below ₹4 lakh or their tax liability works out to zero, filing an Income Tax Return (ITR) is optional. However, that is not always the case. Under ...

Many people believe that income tax returns (ITRs) are meant only for salaried employees or business owners. However, students and unemployed individuals can also benefit from filing an ITR, even if ...

If you plan to take a loan or credit from any bank or financial institution, you must file your ITR. Many times, banks ask for ITR documents as proof of income. Applying a visa for countries like the ...

ITR filing AY 2026-27: Before you open the tax filing portal to file your income tax return, it’s important to keep all the necessary documents handy. Having all the requisite documents is important ...

AI Quick Read ITR filing deadline for AY 2026-27 is not July 31 for all! The Income Tax Department has prescribed different ITR filing deadlines for taxpayers in AY 2026-27, depending on their income ...

The Income Tax Department has enabled both the online filing option and the Excel Utility for ITR-3 on its e-filing portal for Assessment Year (AY) 2026-27, allowing eligible taxpayers to start filing ...

ITR-1 is for salaried/pensioners, but has limitations. Ineligible with capital gains, business income, foreign assets. Wrong form leads to defective return notice. ITR-1, or Sahaj, is the simplest ...

July tax calendar 2026: July is an important month for income tax compliance, with key deadlines for ITR filing, TDS and TCS deposits, quarterly statements and statutory forms. Here's a complete list ...