India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
Act provides one more route: an updated return (ITR-U).
Resident and Ordinarily Resident (ROR) taxpayers with foreign income face challenges due to the December 31 deadline for revised and belated Indian Income Tax Returns (ITRs). This clashes with ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...
ITR Filing Due Date Extension, ITR Filing 2025: The notified ITRs for AY 2025-26 have undergone structural and content revisions aimed at simplifying compliance, enhancing transparency, and enabling ...
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...
The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...
Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.