Taxpayers must select the appropriate Income Tax Return (ITR) form according to their financial profile and sources of income once the ITR filing season begins for Assessment Year (AY) 2025–2026. When ...
Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
Finance Minister Nirmala Sitharaman clarified this during her Budget speech, saying that only specific taxpayers would get extra time, while most individuals would continue to follow the existing ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...