Income-tax returns: The income-tax department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) online forms for financial year 2025-26 i.e. assessment year 2026-27 and ...

A previously undocumented threat actor known as Armored Likho has been attributed to cyber attacks targeting government agencies and the electric power sector across Russia, Brazil, and Kazakhstan.

The introduction of the Income-tax Act, 2025 has left many taxpayers scratching their heads. One question has surfaced repeatedly: with the switch from the familiar "Assessment Year" (AY) to "Tax Year ...

Many taxpayers assume that filing an income tax return (ITR) is necessary only if they have taxable income or an income above the basic exemption limit. As a result, individuals with an annual salary ...

An income tax refund is issued when the tax paid by a taxpayer during a financial year exceeds the actual tax liability. Excess tax may have been paid through Tax Deducted at Source (TDS), Tax ...

ITR filing aids in loan, visa applications and claiming refunds. Many salaried employees have started receiving their Form 16 for the financial year, and for some, there's a pleasant surprise, the tax ...

A nil tax liability in Form 16 does not automatically exempt salaried taxpayers from filing an ITR. Filing may still be necessary to claim refunds, carry forward losses and meet reporting requirements ...

Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While this amount is tax-exempt, the Income Tax Department requires ...

For FY 2025–26 (AY 2026–27), the requirement to file an Income-tax Return (ITR) continues to be governed by the Income-tax Act, 1961, as the Income-tax Act, 2025 becomes effective only from 1 April ...

ITR filing AY 2026-27: Filing your income tax return (ITR) is an important financial record which should not be missed even if your income falls below the mandatory filing threshold. For salaried ...

Many taxpayers assume that if their annual income is below ₹4 lakh or their tax liability works out to zero, filing an Income Tax Return (ITR) is optional. However, that is not always the case. Under ...