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ITR Forms Explained: How to Select the Right One Based on Your Income – Find Out Here
The income tax return (ITR) filing season for Assessment Year 2025-26 is now open. Every taxpayer, including salaried individuals, must file their returns using one of the seven ITR forms available ...
New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification.
No interest is payable if the refund amount is less than 10 percent of the tax determined under section 143(1) or pursuant to regular assessment ...
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New Income Tax Rules 2026 Explained: Key changes, allowances and what every taxpayer needs to know
The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...
Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...
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