The Income-Tax Department has notified forms for filing I-T returns by individuals as well as businesses for 2022-23 fiscal year, reported Press Trust of India. The Central Board of Direct Taxes (CBDT ...

Taxpayers can now file updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per the Finance Act, 2025. The Income Tax Department has now made ...

The I-T Department issues different forms for different types of taxpayers. This is based on their income sources, level of income, residential status, and legal status of the taxpayer, among others.

The Income Tax Department has finally released the Excel utility for ITR-6—nearly a week after rolling out ITR-5—leaving companies with just a month to file returns before the September 15 deadline.

The new survey revealed that 13 per cent respondents require "significant effort" to meet the deadline and 9 per cent admitted that it would be impossible to meet the deadline. In the last fiscal year ...

In case you forgot to report some income while filing tax returns anytime in the past four fiscal years, Budget 2025 has good news. The timeline to file an updated income tax return has been increased ...