Taxpayers must select an ITR form and file their returns according to their total income, the nature of their income, and ...
ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...
The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...
The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...
If income is derived from property, capital gains, or other sources beyond salary and pension, ITR-2 becomes relevant. Meanwhile, ITR-3 and ITR-4 are designed for those earning from business or ...
ITR-2, ITR-3, ITR-4 and ITR-5. With respect to ITR-2, there was a growth of 34.69 percent in FY 2025. For ITR-1, there was a marginal increase of 0.54 percent, and for ITR-3, there was 16.66 ...
ITR filing 2025-26: The commencement of the new financial year marks the official beginning of the filing of Income Tax Returns (ITRs) for the Assessment Year 2025-26. As in previous years ...
With an organised approach, investors can seamlessly navigate tax filings, stay compliant, and avoid unnecessary penalties, ...
Out of these taxpayers, those whose income is between ₹ 1-5 crore is a whopping 3.89 lakh, while those with income between ₹ ...
The current deadline to file an updated ITR for FY 2021-22 (AY 2022-23) is March 31, 2025. In her eighth budget speech on ...
Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing ...