Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For home loans, claim Rs 30,000 interest deduction under Section 24(b) and up ...

Income Tax Department has introduced TAXASSIST' to address commonly asked queries and notices during the present ITR filing ...

The Trump tax bill raises the SALT deduction cap to $40,000 by 2025—but the real winners are high earners in high-tax states.

The Income Tax Department is scrutinizing deductions claimed under Section 80GGC for political donations, prompting notices ...

Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax ...

Congress just passed the biggest tax cut bill in years. Here is when people might start to notice the tax changes. The House ...

To find out if your bank offers the facility, you can check for the Net Banking option on the Income Tax e-Filing website, or ...

Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

It is not mandatory to file an ITR if your income falls below the exemption limit, but filing it can help you earn rewards in ...

Issuance of notice u/s 143 (2) of the IT Act (intimation of selection of ITR for scrutiny): June 30, 2025 Time limit for ...

Before filing your Income Tax Return (ITR) in 2025, ensure your PAN card is active to avoid rejection or delays. The Income ...

Filing your income tax return correctly depends on one major factor: matching your declared income and taxes paid with the ...