ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...
According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...
Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...
I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...
Most Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need ...
The most striking transformation appeared in the composition of returns filed this year. ITR-3 filings, representing ...
Several rules, including the 8th Pay Commission, ITR, LPG, car prices, and digital payments, are changing from January 1, ...
TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...
The court held that repeated resignation of key accounts staff constituted genuine hardship. Rejection of delay condonation under Section 119(2)(b) was set aside, directing acceptance of the belated ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
One of the most urgent compliance requirements relates to PAN-Aadhaar linking, especially for individuals whose Permanent ...
Selling assets like gold or stocks in India can attract substantial taxes, but Section 54F of the Income Tax Act, 1961 offers ...