According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

The India Union Budget for 2026–27 is expected to be presented in the Indian Parliament on February 1, 2026. In recent years, ...

The Tribunal held that an intimation under Section 143(1) based on a forged revised return is appealable. It directed a fresh assessment after allowing the assessee to file the correct return, ...

If you have not disclosed foreign assets (FA) or foreign income in your ITR (Income Tax Return), you can still include them by filing a revised return before December 31. The IT Department has asked ...

Your PAN card will become inoperative if you fail to link the two till December 31, 2025. They will face some consequences in case their PAN becomes inoperative.

The issue was whether interest earned from co-operative banks qualifies for deduction under section 80P(2)(d). The Tribunal held that co-operative banks are co-operative societies for this provision, ...