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 ...

Students, salaried individuals, and pensioners can file ITR-1 for AY 2026-2027. The deadline for filing this income tax ...

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 ...

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 ...

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 ...

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 ...

ITR-1 and ITR-4 both apply to taxpayers with income of up to ₹50 lakh in a financial year and share several similar income sources. However, the main difference between the two is that ITR-1 is ...

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 taxpayers assume that filing an income tax return (ITR) is necessary only if they have taxable income or an income above the basic exemption limit. As a result, individuals with an annual salary ...

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 ...

For years, a large group of salaried taxpayers had no choice but to file ITR-2, the longer and more detailed income tax return form. This was not because their finances were complicated, but simply ...