The most striking transformation appeared in the composition of returns filed this year. ITR-3 filings, representing ...

Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...

Income Tax: Although taxpayers have a little less than three months before they can file their income tax return (ITR) prior to Sept 15, there are a few tax forms (ITR-2 and ITR-3) whose online ...

ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...

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

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...

I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...

Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

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 Delhi High Court has held that ignorance of Indian tax laws doesn't constitute “genuine hardship” to condone delay in ...

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...