Learn about the ITR-B Form for undisclosed income after search or seizure. Get to know the purpose, applicability, and filing instructions in this guide.

A basic understanding of income tax slabs and how they change with every Union Budget can help you plan your finances better.

The Income Tax Return (ITR) filing deadline for non-audit taxpayers for FY 2024-25 (AY 2025-26) is July 31, 2025. The Income ...

Salaried individuals can switch between old and new tax regimes every year, while business owners have limited flexibility.

The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption ...

Income Tax Audit Report Under Section 115JB Form 29B computing book profits for companies under Minimum Alternate Tax – MAT.

Tax season is here, and while most investors know the drill for stocks and real estate, crypto taxation still feels like ...

After the December 31 deadline, linking the PAN with Aadhaar card would attract a late fee of ₹ 1,000. This will include cases where PAN and Aadhaar IDs exist but have not been linked. Additionally, ...

Senior citizens, defined as those over 60, can enjoy a basic exemption limit of Rs 3 lakh under the Income-Tax Act, 1961, ...

The threshold TDS limit has been doubled for senior citizens from April 1, 2025. The interest income from fixed deposits (FDs ...

Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the taxpayer categories, such as individuals, Hindu Undivided Family (HUF), ...

The Income Tax Department has introduced a new Excel-based utility for ITR-2 which was launched on March 25, 2025.