“As a result, the second employer may not fully account for salary already earned from the first employer, which can lead to under-deduction of tax. Another common reason is that deductions such as ...

Filing your Income Tax Return correctly is essential to avoid notices, penalties, and refund delays. Learn the latest ITR ...

One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data ...

Expanded ITR-1 eligibility allows taxpayers with limited long-term capital gains to avoid filing ITR-2. Taxpayers must reconcile Form 16, AIS and Form 26AS to prevent mismatches and compliance issues.

Crypto investors should avoid common ITR filing mistakes such as assuming the 1% TDS is the final tax, skipping transaction ...

As Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why taxpayers receive scrutiny notices, how they should respond, ...

Employees who changed jobs during FY 2025-26 should report salary from all employers while filing ITR for AY 2026-27. Verify ...

False deduction claims in ITR can attract penalties of up to 200 per cent of tax due and, in serious cases, prosecution with ...

Indian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and ...

Yes, you can revise your income tax return multiple times. There is no legal limit, but you need to file it before the ...

ITR Filing 2026: A good tax return resembles a well-kept ledger. Every entry has a corresponding record, every deduction has ...