Taxpayers must select the appropriate Income Tax Return (ITR) form according to their financial profile and sources of income once the ITR filing season begins for Assessment Year (AY) 2025–2026. When ...
According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...
1don MSN
Income Tax Act 2025: 5 things that will change for taxpayers when new laws replace old rules
India's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes ...
India Today on MSN
Missed the revised ITR filing deadline? Know what happens to tax refund
In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...
The Centralised Processing Centre (CPC) handles this and any hold-ups can stem from risk assessments. If no update arrives by year-end, it doesn't automatically void the return. The cutoff mainly ...
Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...
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