T department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. These tax filing ...

Income from freelancing should be reported under ‘’profit and gains from business and profession’’ while filing the ITR.

The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July ...

Later, ITR forms 5 and 2 were notified on May 1 and May 3, respectively. These forms are meant to be used for filing income tax returns (ITR) for FY 2024-25. Let us understand which income tax ...

Seven different ITR forms were notified in April last year, so it is expected that the tax department will soon make available the required forms to ensure that the income tax return filing starts ...

With the notification, individuals, HUFs, firms having income up to Rs 50 lakh and those having earnings from business and ...

Income Tax Department has simplified how taxpayers will file ITR returns. For the assessment year 2025-26, the forms ITR-1 ...