For NRIs, not all income is taxable in India. Only the income that arises in India or is received in India falls under Indian ...

If an individual deposits Rs 1 crore or more in one or more current accounts during a financial year, filing an ITR be ...

The important thing to understand is that ITR filing is a statutory requirement and an important financial record-keeping.

If one incorrectly assumes that filing is not required, then one would be liable to face interest for delay in filing ITR and interest on the unpaid taxes due as well.

ITR Filing 2026: ITR-1 Is Not for Everyone—Know When ITR-2, ITR-3 or ITR-4 Becomes Mandatory Filing an Income Tax Return (ITR ...

Think your salary is too low to file an Income Tax Return (ITR)? Think again. Even if your income is below ₹4 lakh or your tax liability is nil, certain high-value transactions and reporting ...

Filing your Income Tax Return is not only about paying tax. It helps claim refunds, carry forward losses, improve loan and ...

The Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their Income Tax Returns (ITR) for AY 2026-27. However, different ...

Because there are some financial transactions that could make you ineligible to file ITR-1 and require you to switch to ITR-2 ...