As the 31 August deadline nears, taxpayers can use the Income-Tax Department’s Excel Utility for ITR-5 and ITR-7 on the e-filing portal for FY26. This allows offline preparation of returns before ...
F&O (Futures & Options) income is treated as non-speculative business income and is taxable under the head Profits and Gains ...
Filing your income tax returns can be a tough task for first-time taxpayers and salaried individuals alike. Here's a stepwise ...
The Income Tax department has last week notified all income tax return (ITR) forms for the assessment year 2026-27 (AY27 or FY26). ITR forms 2, 3, 5, 6 and 7, as well as ITR-U (for updated returns), ...
Taxpayers who miss the July 31 deadline can still file their income tax return, but doing so may attract penalties and ...
More than 5.9 crore ITRs were filed for AY 2026-27 by the July 31 deadline, and over 40 per cent have been processed.
ITR filing : Taxpayers rush to file income tax returns before the July 31 deadline. Common errors include not e-verifying and ...
ITR Deadline 2026 Live Updates: As the July 31 deadline for filing Income Tax Returns (ITR) for Assessment Year (AY) 2026-27 ...
Will the income tax return filing deadline of July 31, 2026 be extended? As of now there is no intimation from the Income Tax ...
Missing the deadline could cost you more than just a late fee.
ITR filing is complete only after e-verification. Taxpayers must verify their income tax return within 30 days of filing.