When it comes to filing taxes, one of the most confusing aspects for many taxpayers is understanding the different IRS […] ...

If you are an individual or HUF with income from a business or profession and are not eligible for presumptive taxation, ITR Form 3 is the appropriate form to file.

CBDT issues revised ITR-7 for AY 2025-26, detailing new capital gains reporting and buyback loss adjustments as per the ...

The number of incidents of fraud perpetrated against individuals and the resulting loss amounts have both drastically ...

The new form, notified in line with amendments introduced in the Finance Act, 2024, applies to entities such as charitable or ...

In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

Our writer’s surprised how the Burberry share price has reacted following the release of the luxury fashion brand’s latest ...

Subsequently, an intimation under Section 143 (1) of the Act was issued. This section deals with the preliminary processing of income tax returns by the Income Tax Department, primarily to check for ...

New fields have been added to the ITR-7 form to help eligible entities clearly report housing loan interest claimed under ...

T department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. These tax filing forms cater to different taxpayer categories, with updates including a new ...

After you’ve filed, review what worked and what didn’t so you can improve your tax strategy for the coming year.