Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate ...

A smooth ITR filing experience begins with preparation. Taxpayers should ensure these things and keep certain documents and ...

As the Income Tax Return (ITR) filing season begins, many salaried employees wait for their employers to issue Form 16.

AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax return filing more important than ever.

The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for ...

A new trend is emerging during the filing of Income Tax Returns (ITR) for the Assessment Year 2026-27: a large number of ...

Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...

Taxpayers should keep the demat account statement, broker contract notes, annual tax statement, dividend statement, and AIS/Form 26AS extracts. Taxpayers should be aware that income tax rules apply ...

Filing an income tax return (ITR) involves following a series of steps to ensure all details are reported accurately. Resident individuals with a total income of up to ₹50 lakh in a financial year ...

The tax department has now released the ITR-1, ITR-2 and ITR-4 utilities. So technically, yes, you can already file your income tax return. But should you? Every year, the moment filing utilities go ...

The time when you start hunting for bank statements, trying to make sense of your stock market trades and mutual fund transactions and digging up records of TDS and TCS deductions. It is the season ...