ITAT Pune rules discretionary trusts pay surcharge at slab rates, not 37% maximum on dividend income, reversing CPC and CIT(A) ...

Personal income tax in India has always followed a progressive slab system with various deductions ... financial year 2020-21 (assessment year 2021-22). Its aim was to simplify the tax system ...

Formal notification will follow." Income Tax Department, Government of India posted on X. According to CBDT, the notified ITRS for AY 2025-26 have undergone structural and content revisions aimed ...

Income tax returns (ITRs) for AY 2025-26 (financial year 2024-25) finally started, with almost a two-month delay, on May 30, 2025. The Central Board of Direct Taxes (CBDT) on May 30 released two ...

The Income Tax department on Tuesday extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. The extension applies to individuals, HUFs and entities ...

Earlier, the Income Tax department has notified ITR-U which will allow taxpayers to file updated returns for 4 years from the end of the relevant assessment year (AY). The Finance Act, 2025 ...

The Income Tax department has extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. The extension applies to individuals, HUFs, and entities that do ...

This extension in income tax filing has been done due to significant ... Earlier this month, CBDT introduced the new ITR Form 5 for AY 2025-26 with key changes.(Pixabay/ Representational Image ...

Filing your Income Tax Return (ITR) doesn t have to be stressful. With the deadline for AY 2025 26 now extended to September 15, 2025, taxpayers have extra breathing room to get their documents in ...

ITR Filing FY 2024-25: The Income Tax Department has enabled online ITR filing for FY 2024-25 (AY 2025-26) via incometax.gov.in, initially supporting ITR-1 and ITR-4 forms. These forms are for ...

The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax returns (ITRs ... “The notified ITRs for AY 2025-26 have undergone structural and content revisions ...

allowing eligible taxpayers to start preparation for filing of income tax returns for FY 2024-25 (AY 2025-26). The Income Tax Department has announced the release of excel utilities via a post on ...