Filing income tax returns (ITR) can often seem confusing, especially for salaried employees unsure about their income details and tax deductions. But thanks to advancements like the Digital Form 16 , ...
ITR filing FY 2024-25: The last date to file your Income Tax Return (ITR) for AY 2025-26 is approaching. This year the Income Tax Department has extended the ITR filing deadline to September 15, 2025.
To obtain Form 16 digitally, employees or employers can visit the official TRACES portal. As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, ...
Form 16 is a very important document for salaried people during income tax return (ITR) filing. It shows how much salary you earned and how much tax was deducted by your employer. Every year, ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
The deadline for non-audit cases is extended to September 15, 2025, while self-assessment tax payments are due by July 31, 2025. The Income Tax Department of India has offered an Excel-based offline ...
The Income Tax Department has finally released the Excel utilities of ITR Forms 2 and 3 for AY 2025-26 after 100 days passed since the start of the ITR filing season. This has brought relief to crores ...
The Income Tax Return - Updated (ITR-U) is a new form introduced by the Income Tax Department under Section 139(8A) of the Income Tax Act. It was launched via the Finance Act 2022 and later updated in ...
Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...
Taxpayers can now file updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per the Finance Act, 2025. The Income Tax Department has now made ...
ITR filing FY 2024-25: Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, should have their Form 16 ready. This form, ...