Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...

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

Income-tax returns: While the e-filing process has become quicker and easier over the years, the process can be daunting for for first-time filers. Here is a step-wise guide on how to file your ITR, ...

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 ...