Indian freelancers and gig workers must use ITR 3 or ITR 4, pay advance tax, assess presumptive tax, track GST, claim only ...

The income tax return filing season has started. One of the first things a taxpayer should do before logging into the income ...

Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

Income-tax returns: For taxpayers filing ITR for business income using the ITR-4 form, i.e. Sugam form, we explain the tax ...

Make sure to match Form 16 with AIS and Form 26AS, choose the correct ITR form, and compare tax regimes before filing ...

Why Reviewing Your Tax Statement Before Filing Income Tax Returns Can Save You From Errors As the income tax return (ITR) ...

The article highlights common return filing errors, including wrong ITR forms and income mismatches, that can result in defective returns or delayed ...

Selecting the appropriate Income Tax Return (“ITR”) form is a crucial step in ensuring accurate tax compliance. Filing an incorrect ITR form may result in the return being treated as defective by the ...

Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small businesses, with no change in tax slabs.

The case demonstrates how an incorrect exemption claim based on Form 16 led to scrutiny and penalty proceedings. The Tribunal ultimately granted relief after recognizing the taxpayer s genuine ...

According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally ...

A mismatch between the details in Form 26AS, the Annual Information Statement (AIS) and the figures reported in your income ...