The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

ITR Filing Due Date Extension, ITR Filing 2025: Given the recent extension of the Income Tax Return (ITR) filing deadline for Assessment Year (AY) 2025-26 from July 31, 2025, to September 15, 2025, ...

Income Tax ITR filing due date extension: The Centre has increased the due date to file income tax return (ITR) for taxpayers after the official portal experienced severe glitches over three days, ...

Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

An NRI faced a proposed 78% tax after ₹14.70 lakh of his property payment was made through his mother’s account and treated as unexplained investment. The ITAT Mumbai deleted the addition after he ...