Calculate your taxes and deductions: Check that you have entered all your investments and availed all possible deductions you ...

The delay in notifying the ITR forms and releasing their utilities for AY 2025-26, despite no major structural amendments in ...

In simple terms, income tax is money you pay to the government based on the income you earn — whether from salary, freelance jobs, rental properties, business profits, interest from savings, or other ...

Form 16 is a key document for salaried individuals, summarising income and TDS, simplifying ITR filing, and serving as proof ...

To manage the same efficiently, individual taxpayers are collecting the relevant documents such as interest certificates, dividend statements ... of income tax. Selecting the accurate ITR form ...

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 Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon make the required forms available for the ITR filing to begin this month.

Subsequently, an intimation under Section 143 (1) of the Act was issued. This section deals with the preliminary processing of income tax returns by the Income Tax Department, primarily to check for ...

The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or ...

Form W-9 collects taxpayer ID for reporting income such as dividends and interest. W-9 income isn't initially withheld; payees must report and pay taxes themselves. Backup withholding at 28% ...

It is suggested that the HSN summary in Form GSTR-9 be auto-populated based on GSTR-1 data, with an option for taxpayers to ...