The income tax return forms, ITR-1, ITR-2 and ITR-4, for FY 2023-24 (AY 2024-25) are now available for e-filing on the Income Tax department portal. The online ITR forms were made available from ...

However, amongst all these forms, ITR-1 and ITR-4 are the most commonly used forms. Let us have a closer look at the key ...

This article discusses the top mistakes taxpayers make concerning PAN when e-filing returns and simple tips to avoid them.

In India, taxpayers can switch between old and new income tax regimes annually, but business income earners have limited ...

Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

Before filing your ITR, it is important to decide whether the new or old tax regime is more beneficial for you. The old tax regime offers various exemptions and deductions, but is it the right choice ...

The two options to choose from are ITR-1 and ITR-4. Choose submission mode ‘prepare and submit online’ and click on Submit. You will have to select the option for verifying your returns.

You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent ...