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.
3 min read4 Sep 2026With the ITR filing deadline just hours away, taxpayers using ITR-3 and ITR-4 should carefully review pre-filled details. From income and tax credits to capital gains and deductions, here’s what you need to verify before submitting your income tax return.
3 min read31 Aug 2026Taxpayers with business or professional income cannot switch between the old and new tax regimes every year. Form 10-IEA is required for the switch, with restrictions on re-entering the old regime. Here's what taxpayers filing ITR-3 and ITR-4 need to know for AY 2026-27.
2 min read30 Aug 2026GST-registered taxpayers filing ITRs for AY 2026-27 need to choose the right form and ensure their turnover and income figures align with GST records. Here’s what you need to know about ITR-3 vs ITR-4, turnover reconciliation, GST treatment, and common filing mistakes.
3 min read27 Aug 2026ITR-3 and ITR-4 filing deadline is 31 August for AY 2026-27. Salaried individuals may need these forms due to certain types of income. But if you filed ITR-1 or ITR-2 by mistake, should you file a fresh return now? Find out here.
3 min read26 Aug 2026The 31 July ITR deadline for AY 2026-27 has passed, but taxpayers in other categories have more time. Key deadlines are 31 August for non-audit cases, 31 October for audit cases, 30 November for transfer pricing cases and 31 December for belated returns.
3 min read26 Aug 2026Taxpayers filing ITR-3 or ITR-4 should carefully review key schedules and reconcile income, turnover, and TDS to avoid common filing errors. Here are the key schedules, documents, and changes to know for AY 2026-27.
3 min read24 Aug 2026The ITR-4 deadline is approaching for taxpayers using presumptive taxation. Sections 44AD, 44ADA and 44AE offer simplified tax rules for eligible businesses, professionals and goods-carriage operators. Here’s who can opt, the income limits and key conditions to know.
3 min read24 Aug 2026Confused between ITR-3 and ITR-4 for AY 2026-27? The Income Tax Department has shared a quick checklist to help taxpayers identify the right form based on their income, taxation method and other conditions. Here’s what you need to know before filing by 31 August.
2 min read23 Aug 2026Stock market investors and traders are taxed differently based on the nature of their activities. Both may also have to file different ITR forms. Here are the key rules, classification factors and common filing mistakes to know.
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