Cochin has dismissed the appeal filed by the Revenue against Kerala University Employees Co-operative Society Ltd., upholding the deduction claimed under Section 80P of the Income Tax Act, 1961. The ...

Yes, you can change your tax regime while filing your Income Tax Return (ITR). Since the introduction of the new tax regime in Budget 2020, individual taxpayers ... ITR for the relevant assessment ...

Ahmedabad: In a ruling favouring the assessee, the Income Tax Appellate Tribunal (ITAT ... For the return filed in February 2021 for AY 2020-21, this deadline would have been December 31, 2021. The ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July ...

ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption limits, the reintroduction of key deductions, and a focused effort to bring ...

the Income Tax Department has officially notified the Income Tax Return (ITR) forms 1 and 4 for the assessment year (AY) 2025-26. These simplified forms are designed for individuals and entities ...

The Income Tax Department opened its portal earlier this month for AY 2025-26 — paving the way for first-time taxpayers to file their returns online. The process can prove to be somewhat ...

thereby aiding the tax authorities in verifying calculations and disclosures. Kind attention Taxpayers! CBDT notifies ITR-Form 6 for AY 2025-26 vide Notification No. 44/2025 dated 06.05.2025.