The Income Tax Department has launched Excel utilities and online filing for ITR-1 and ITR-4 for the Assessment Year 2026-27.

This guide explains how taxpayers can select the correct ITR form based on their income profile and tax status. It highlights eligibility conditions and common mistakes that may lead to defective ...

Senior citizens need not choose an ITR form based solely on age. For AY 2026-27, the correct return form depends on the ...

Income tax filing for assessment year 2026-27 has officially begun since the Income Tax Department has made ITR 1 and ITR 4 filing available on the e-filing portal. Taxpayers can now go ahead and fill ...

The CBDT has released official ITR filing guidelines for Assessment Year 2026-27. Stay compliant with new deadlines, reporting requirements, and filing procedures.

Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.

ITR-4 (Sugam) is a simplified return form applicable to resident individuals, HUFs, and firms (other than LLPs) with total income up to Rs. 50 lakhs, opting for presumptive taxation under sections ...

The Income Tax Department on Friday released the Excel utilities for ITR-1 and ITR-4 for Financial Year 2025-26 (Assessment Year 2026-27), allowing eligible taxpayers to start filing their income tax ...

Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.