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Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...
For the assessment year 2025-2026, taxpayers using ITR-2 must understand eligibility and new reporting requirements, ...
Learn how to report capital gains on shares purchased before January 31, 2018, using the grandfathering rule for your ITR ...
A key error is choosing the wrong ITR form. Taxpayers must opt for ITR-1 and ITR-4 to report exempt long-term capital gains ...
It can get confusing as to which form you should fill in order to file and verify your ITR. Any mistake can entail a ...
A technical glitch in the ITR utility for AY 2025-26 prevents negative values in capital gains reporting. Learn about the issue and a temporary ...
Reporting equity capital gains while filing income tax returns is complex due to mandatory scrip-wise disclosure (especially ...
The Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto income to file returns for FY 2024-25 (AY 2025-26). Key updates include ...
Investments made in the US market, like other investments, are treated as capital assets for taxation in India.
According to tax laws, F&O income is classified as non-speculative business income under Section 43(5) of the Income Tax Act.
Individuals with F&O trades, business income, or multiple sources must file ITR-3. Here's what's new in rules, risks, and ...
If your total taxable income crosses ₹50 lakh in FY 2024-25, you must file using ITR-2. Income from salary, multiple properties, capital gains, dividends, interest, and foreign assets is permitted.