ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from ...

While the New Tax Regime restricts many popular exemptions and deductions, taxpayers can still claim key benefits such as the ...

Form 16 serves as proof that tax has been deducted at source (TDS) by the employer and deposited with the government.

Tax experts have advised taxpayers to carefully review their Annual Information Statement (AIS) before filing Income Tax Returns. Any mismatch between AIS and ITR can lead to notices, penalties, ...

Individuals use Income Tax Return forms to report income, deductions and tax obligations for a given fiscal year ...

The Allahabad High Court was hearing two connected criminal revision petitions arising from an order passed by the additional ...

ITR-2 applies to individuals and Hindu Undivided Families who do not earn income from a business or profession.

As the May 31 deadline for Statement of Financial Transactions (SFT) filings approaches, taxpayers should closely review ...

The income tax filing season has begun, allowing online submissions for ITR-1, ITR-2, and ITR-4. Taxpayers are advised to ...

Manoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through the AIR mechanism and other departmental databases, the Income ...

The Excel utilities on the income tax e-filing portal are designed to help taxpayers prepare their returns offline in a structured manner before final submission. Taxpayers should ...

Form 26AS is primarily a tax credit statement reflecting taxes deducted or collected against a taxpayer’s PAN, including TDS, ...