The income tax department has rolled out stringent validation measures for the Excel-based ITR-1 and ITR-4 forms for the ...

The income tax return (ITR) filing season for Assessment Year 2025-26 is now open. Every taxpayer, including salaried ...

Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases.

Tax rules for bond investors vary for government, municipal, or corporate bonds. Munies are completely tax free if you live ...

Estate planning is more than just writing a will. These are the documents you'll need in order to protect your family if ...

The accounting rules that you follow when reporting financial results are often different from the rules you follow when preparing income taxes for your business. As a result, the amount of tax ...

The IRS recommends keeping tax returns for three years unless you’re self-employed or have a complicated return. If so, plan ...

With the Income Tax department releasing income tax return forms earlier this month, the ITR filing season has officially begun. These forms contain several changes, including amendments to ...

As the deadline to file income tax returns for the Assessment Year 2025-26 approaches, it's time for individual taxpayers to collect essential documents from the latest financial year including ...

ITR Filing 2025: For the financial year 2024–25 (assessment year 2025–26), the Income Tax Department has already released all forms—from ITR-1 to ITR-7. To file your Income Tax Return (ITR) on the ...

After notifying all income tax forms from ITR-1 to ITR-7, Central Board of Direct Taxes (CBDT) has now notified ITR-U (updated) as well via notification dated May 19, 2025. To encourage voluntary ...

To ensure tax compliance and prevent tax evasion, the Indian Income Tax Department mandates the filing of Form 15CA and Form 15CB for certain foreign remittances. These forms serve as a mechanism for ...