With the online filing of ITR-5 and ITR-7 now enabled, here is a clear breakdown of who should use these forms, what categories are covered, and the important deadlines to keep in mind.

Audit taxpayers 6-7 months (April-October) 2-3 months (utilities released mid-July to mid-August) Also read: Father shows only Rs 1,690 income in ITR after selling house worth Rs 67 lakh, wins case in ...

Nagpur Chamber of Commerce requests a two-month extension for audit assessees' income tax returns, citing delayed ITR forms, portal issues, and upcoming ...

Many citizens have taken to social media platforms and complained about not receiving their refunds for many days, up to ...

The CBDT has announced changes to Form 3CD, applicable for FY 2024-25, impacting tax audit reporting. Key changes include ...

Failing to file your income tax return (ITR) on time can lead to late fees and force you into a new tax regime ...

So far, 6.29 crore returns have been filed for AY 2025–26 (till September 13, 2025), against 7.28 crore returns filed in ...

One of the most prevalent errors is selecting the incorrect ITR form. For instance, many taxpayers mistakenly choose ITR-1 when their income type necessitates the use of ITR-2 or ITR-3. This misstep ...

This order followed CBDT’s move a day earlier to push back the tax audit report (TAR) deadline from September 30 to October ...

Filing your income tax return yourself might seem convenient, but DIY tax filing in 2025 carries hidden risks that can cost time, money, and peace of mind.

Early tax filing has several advantages, as it allows the taxpayer to carry forward losses, avoid late fees and ensures that refunds, if any, are processed faster.

Nagpur Chamber of Commerce urges the Central Board of Direct Taxes for tax audit deadline extension. They request pushing it ...