Income Tax Return

Taxpayers with business or professional incomes face different ITR deadlines. Tax audit reports are due by September 30, 2026, with penalties applicable for late submissions. Details here.

AIS gives taxpayers a consolidated view of financial and tax information linked to their PAN. Here's what it covers, when new information may appear, how to access the statement and what to do if you spot an error.

The ITR filing deadline for businesses and professionals is later than the due date for most individual taxpayers. Taxpayers subject to audit have until October 31, 2026. Full list here.

Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one.

ITAT Mumbai ruled against a ₹9.6-lakh tax addition based on an incorrect ITR entry without evidence of EPF withdrawal. Details of the case here.

Indian residents can rectify missed foreign income or asset disclosures through ITR-U or FAST-DS, depending on factors such as the nature of the asset and tax liability. Here's everything you need to know about the two options and which one is more economical.

ITAT Chennai ruled on August 19, 2026, reducing a doctor's taxable income by half, even though he failed to file ITR and did not respond to subsequent tax notices. Here's what happened.

ITAT Delhi has ruled that taxpayers cannot be denied TDS credit if their deductor fails to deposit the deducted tax with the government. Section 205 protects taxpayers from double taxation by placing the liability for recovery squarely on the defaulting deductor, not the compliant taxpayer.

Own gold beyond the permissible limits? Experts highlight that these thresholds are search-exemption limits, not ownership caps; proper documentation is what truly matters. Here are the rules.

Form 1 is now live on the income tax e-filing portal for the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026. This one-time scheme allows eligible taxpayers to disclose foreign assets and income. Declarations can be filed until 31 December 2026.