Choosing based on guesswork rather than clear criteria regarding income caps, asset types, and business ownership remains one ...
Accuracy in filing ITR is of utmost importance and the income tax department emphasises on timely, accurate and transparent ...
AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...
After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the ...
As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...
The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27.
Investors should report the same transaction dates, quantities, sale value, and holding period that appear in their actual ...
Taxpayers who missed filing income tax returns for previous years still have an opportunity to regularise their records ...
According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants' Society (BCAS), the growing number of revised ...
As tax season picks up, a growing number of Indian professionals are turning to AI tools, particularly Anthropic's Claude, to ...
ITR filing season HRA claims under lens, experts urge salaried taxpayers to keep rent records accurate and complete to avoid ...