Income Tax Articles

What is Form 16 and Why Is It Crucial for Salaried Taxpayers?

Web CA 12 May 2025 at 08:37

In this article, we'll understand what Form 16 is, why it matters, and how to use it wisely while filing your Income Tax Return (ITR).

CBDT's New ITR-6 Form: What Companies Need to Know

Rashmi 08 May 2025 at 08:37

The Central Board of Direct Taxes (CBDT) has recently announced an important update for companies filing their tax returns. The government has introduced a new ITR-6 form that companies will use for the 2025-26 Assessment Year.

CBDT Notifies ITR-2 for FY 2024-25: Key Changes and Implications for Taxpayers

Rashmi 07 May 2025 at 08:36

CBDT has notified ITR-2 for FY 2024-25. Explore key changes, new disclosures, and implications for salaried individuals, HNIs, and NRIs filing income tax returns.

ITR Filing 2025: The Changes in ITR Forms Every Taxpayer Must Know

CA Umesh Sharma 06 May 2025 at 08:28

There are some changes in the ITR forms for the AY 2025-26. What should a taxpayer know about these updates compared to AY 2024-25?

New ITR Form 5 for AY 2025-26: Key Highlights Explained

Rashmi 05 May 2025 at 08:28

The Income Tax Department has released a revised Income Tax Return (ITR) Form 5, notified by CBDT via Notification No. 42/2025 dated May 1, 2025, applicable from April 1, 2025, for the Assessment Year 2025-26.

New ITR-3 Form for AY 2025-26: Key Changes, Who Should File & How to Prepare

Rashmi 03 May 2025 at 08:36

This article covers all the critical changes introduced, the implications for taxpayers, and how to prepare for the new reporting requirements.

Capital Gains Tax: Key Exemptions and How to Claim Them

Shivani 01 May 2025 at 16:36

This article explores the key exemptions detailed in a document from the Income Tax Department, covering eligibility, qualifying assets, and investment requirements for each section.

Income Tax Return Forms ITR-1 and ITR-4 for AY 2025-26: Key Changes and Eligibility

Rashmi 01 May 2025 at 08:33

CBDT has officially notified the updated ITR-1 (Sahaj) and ITR-4 (Sugam) forms for Assessment Year 2025-26 (Financial Year 2024-25), effective from April 29, 2025

Latest Updates in the Online 12A Registration Process by the Income Tax Department

Ishita Ramani 01 May 2025 at 08:33

The Income Tax Department has delivered extensive updates and changes on the Online 12A Registration Process. This article shall deal with the same for your brief reference and understanding.