Income Tax Articles

Senior Citizens Above 75 years Beware: Bank Mistake = No Refund!

Mitali 08 August 2025 at 14:04

Learn how senior citizens aged above 75 can get exemption from filing ITR under Section 194P for FY 2025-26. Conditions, forms, and bank process explained.

How Is Income From A Minor Child's Fixed Deposit Treated?

Poojitha Raam Vinay 06 August 2025 at 17:15

Know how interest income from a minor child's fixed deposit is taxed and when it is clubbed with a parent's income under Indian tax laws.

Do Manual Adjustments in ITR if Income not Showing in 26AS or TIS?

Mitali 06 August 2025 at 13:26

ITR not matching 26AS or TIS? Know how to manually adjust income and TDS to avoid tax demands and penalties.

Man Discovers 37-Digit Amount in Deceased Mother's Bank Account

Mitali 05 August 2025 at 17:48

A Noida man found a bizarre 37-digit amount in his late mother's Kotak account, triggering a bank freeze and IT probe.

Correct ITR Form for Taxpayers

Adv Sukesh Sahdev 05 August 2025 at 08:31

Confused about which ITR form to file for AY 2025-26? Use this updated guide to choose the correct ITR: ITR-1, ITR-2, ITR-3 or ITR-4 based on your actual income sources. Avoid mistakes, delays and tax notices.

How To File ITR Through Mobile?

Poojitha Raam Vinay 04 August 2025 at 13:12

With everything going digital, filing your Income Tax Return (ITR) is now possible straight from your smartphone. Here is a step by step process to file ITR on mobile.

Foreign Travel or High Electricity Bills: You Might Be Legally Needed to File ITR

Mitali 02 August 2025 at 17:18

Discover when filing ITR is mandatory, even with low income based on key rules for proprietors on sales, deposits and TDS/TCS limits.

CBDT Circular 10/2025: Relief for Invalid ITRs Filed for AY 2023-24

CA Varun Gupta 01 August 2025 at 08:34

CBDT Circular 10/2025 allows reprocessing of invalid ITRs filed till Mar 31, 2024, enabling refunds with interest, subject to PAN-Aadhaar linkage compliance.

New Tax Regime FY 2024-25 Benefits for Senior Citizens

Mitali 31 July 2025 at 17:42

Know the ITR filing benefits for senior citizens under the new tax regime for FY 2024–25, including tax-free incomes, deductions and filing tips.

Is It Necessary to Show Sale Of Agricultural Land in ITR? Full Clarification

Mitali 31 July 2025 at 12:55

Learn about the tax implications of selling agricultural land in India, including rural vs. urban classification, reporting requirements and TDS rules.