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How to File a Belated Return and Minimize Section 234F Late Fees
Filing your Income Tax Return (ITR) on time is essential for compliance and avoiding penalties. However, sometimes life gets in the way,...
Farheen Mukadam
Jul 169 min read
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Filing ITR-5 for LLPs: What You Must Report to Avoid Notices
The Income Tax Return (ITR) form ITR-5 is specifically designed for firms, Limited Liability Partnerships (LLPs) , Association of...

Rajesh Kumar Kar
Jul 1610 min read
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Using ITR-2 to Report Foreign Assets and Capital Gains Correctly
The process of filing Income Tax Returns (ITR) can often be complicated, especially for individuals with foreign assets or income. For...

Dipali Waghmode
Jul 169 min read
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ITR-6 for Companies: Common Errors That Lead to Audit Flags
Filing an accurate Income Tax Return (ITR) is a crucial responsibility for taxpayers, especially businesses, as even minor errors or...

Rashmita Choudhary
Jul 169 min read
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Who Can Use ITR-4: Presumptive Taxation Rules for Business Owners (AY 2025-26)
Filing Income Tax Returns (ITR) accurately and on time is a critical aspect of tax compliance for all taxpayers in India. The process of...

Asharam Swain
Jul 169 min read
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Received Dividend and Capital Gains? You Likely Can’t Use ITR-1
Filing your Income Tax Return (ITR) is an essential process for taxpayers in India, and choosing the right ITR form is crucial. ITR-1 ,...

PRITI SIRDESHMUKH
Jul 168 min read
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ITR-7 for Trusts and Charitable Institutions: Eligibility and Deductions
The Income Tax Return (ITR) filing process can be complex, especially for entities and individuals falling under certain specific...

Nimisha Panda
Jul 1610 min read
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Claiming Tax Credit on Foreign Income of a Resident: Tax Return Filing with Tax Credits
People and companies frequently get revenue from several nations in today's interconnected global economy, which results in tax...

Asharam Swain
Jul 156 min read
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ITR 5 vs ITR 7: A Detailed Overview
For different taxpayers, the Income Tax Department requires them to file different ITR forms. Based on their revenue sources, an assessee...
Farheen Mukadam
Jul 147 min read
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ITR-1, ITR-2, ITR-3, ITR-4 Changes in Income Tax Return Filing in FY 2024-25 (AY 2025-26)
The income tax return forms for FY 2024-25 (AY 2025-26) have been released by the Income Tax Department, taking into account the tax...
Farheen Mukadam
Jul 146 min read
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