According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants' Society (BCAS), the Income Tax Department ...

Did our AI summary help? The Income Tax Department has enabled the online filing facility and excel utility for ITR-2 for Assessment Year 2026–27 on the e-filing portal, allowing salaried individuals, ...

The Income Tax Department on Wednesday enabled online filing of ITR-2 for the assessment year 2026-27 on the e-filing portal. "Online filing and Excel utility for ITR-2 for AY 2026-27 are now enabled ...

Income may become tax-free under the new tax regime because of the standard deduction and Section 87A rebate, but ITR filing may still be mandatory. Taxpayers must also consider income thresholds, ...

As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...

The Income Tax Department has set different ITR filing deadlines for AY 2026-27 based on income source and audit status. Key ...

The income tax filing season is underway, and taxpayers across the country are preparing to submit their returns for the ...

Choosing the correct ITR form is crucial for salaried taxpayers. Common mistakes include relying only on Form 16 and ignoring AIS. Incorrect disclosures and failure to e-verify can delay refunds.

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax ...