Filing ITR is not only about paying tax, but also about creating an official record of your income. In today’s digital system ...
MANILA, Philippines — The filing for the income tax return (ITR) for the year 2025 has been extended to next month, President ...
No taxable income doesn't always mean no ITR. Certain transactions can bring you under the tax net, even if your earnings are ...
Income Tax department notifies ITR forms for AY 2026-27, enabling taxpayers to file returns for FY26; deadline for individuals is July 31.
The ITR-U form, first introduced in 2022, continues to play a key role in helping taxpayers correct mistakes. It allows individuals to file a return if they missed the original deadline, report ...
The Income Tax Department has launched Kar Saathi, an AI chatbot on its revamped portal to simplify tax filing. This tool ...
The government has updated Income Tax Return forms for Financial Year 2025-26, effective 1 April 2026. Here are the key ...
ITR-1 can now be used to report income from up to two house properties. Earlier, taxpayers with more than one property had to file ITR-2 or ITR-3, which involved more detailed disclosures. The change ...
If your income is low and your taxes come to zero, you might think filing an ITR is not needed. But skipping it could mean missing out on some useful benefits that go beyond just paying tax.
Contrary to common belief, filing an Income Tax Return (ITR) is not only for those who have tax to pay. Even in FY 2025–26, submitting a nil return can offer several practical advantages, especially ...