The Income Tax Department has enabled online filing of ITR-5 and ITR-7 forms for Assessment Year (AY) 2025–26. Both forms are now available on the official e-filing portal with pre-filled data to make ...

Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...

Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

ITR Filing 2025: If you have not yet filed Income Tax Return (ITR), then file it before September 15, 2025. More than 2.51 crore ITRs have been filed so far in the assessment year 2025-26 for the ...

December 31, 2025 is the final deadline to file a belated or revised ITR for FY 2024–25. After this date, taxpayers can only ...

Highlights the legal obligations of timely ITR filing, penalties for delays, and the benefits of maintaining a clean financial ...

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...

While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing ...

The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...

The ITR filing deadline for this year was September 16 and taxpayers have been expecting their tax refunds for a while now.

Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...

The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...