The Central Board of Direct Taxes (CBDT) recently notified the income tax return forms ITR-1 and ITR-4 for the financial year ...

The Income Tax Department has notified ITR-1 and ITR-4 forms for the assessment year 2025-26. These forms are for those ...

Those who are opting for the new tax regime while filing their income tax return must note that the HRA exemption is not allowed in the new tax regime. So, to be able to claim HRA allowance ...

The Income Tax Department has notified ITR-1 and ITR-4 forms for ... lakh allowed for home loan interest payments. House Rent Allowance (HRA) and Exemptions (Section 10(13A)) Individuals residing ...

Tax Partner at Nangia Andersen LLP said so far salaried individuals having income under the head capital gains were required to file form ITR-2 even where the capital gains were exempt by virtue ...