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Choosing the right ITR filing platform in 2025 requires understanding which service aligns with specific taxpayer needs. Cleartax, Quicko, and TaxBuddy each offer unique advantages for salaried individuals, freelancers, investors, and businesses under Indian tax laws. Features such as AI automation, expert assistance, mobile usability, and post-filing support vary across platforms, making it important to compare their strengths and limitations. TaxBuddy , in particular, stan

Filing Income Tax Returns in India requires precision, compliance with evolving laws, and careful handling of sensitive financial information. While AI tools like ChatGPT can provide general guidance, they lack real-time updates, document validation, and expert review essential for accurate ITR filing. TaxBuddy, on the other hand, combines AI-driven automation with Chartered Accountant oversight, ensuring every return is compliant, secure, and optimized for deductions and ex

Errors in an already filed Income Tax Return (ITR) can occur due to missed deductions, incorrect income details, or wrong bank information. The good news is that under the Income Tax Act, 1961, such mistakes can be corrected without penalties if addressed within the prescribed timelines. Taxpayers can use provisions like revised returns under Section 139(5) , rectification requests under Section 154, or updated returns (ITR-U) under Section 139(8A) to fix these errors. Under

Filing Income Tax Returns (ITR) in India no longer always requires a Digital Signature Certificate (DSC). Most individual taxpayers with simple income sources—like salary, pension, or interest—can file their returns online and e-verify using Aadhaar OTP, net banking, or other digital methods. However, certain taxpayer categories such as companies, LLPs, and those subject to tax audits are still mandated to use a DSC. Understanding these distinctions is crucial to ensure your

The transition from XML to JSON format for Income Tax Return (ITR) filing has redefined how taxpayers in India prepare and submit returns. Starting from Assessment Year (AY) 2021-22, the Income Tax Department shifted to JSON—a lightweight, modern format that ensures faster uploads, reduced errors, and better compatibility with e-filing utilities. While XML served as the foundation for many years, JSON now provides an improved experience, simplifying the process for individua

The Income Tax Department’s e-Filing Portal allows taxpayers to access prefilled ITR forms that automatically include data from their PAN-linked records. This feature simplifies return filing by importing salary, interest, and deduction details directly into the ITR form. It eliminates manual entry errors, ensures consistency with Form 26AS and AIS data, and reduces the time taken for filing. Understanding how to download, review, and verify the prefilled ITR form is essent

Filing Income Tax Returns (ITR) in India no longer always requires a Digital Signature Certificate (DSC). Most individual taxpayers with simple income sources—like salary, pension, or interest—can file their returns online and e-verify using Aadhaar OTP, net banking, or other digital methods. However, certain taxpayer categories such as companies, LLPs, and those subject to tax audits are still mandated to use a DSC. Understanding these distinctions is crucial to ensure your

ITR filing has become simpler and smarter in 2025, thanks to feature-rich mobile apps that combine automation, expert support, and government integration. These apps not only fetch Form 16 and AIS data automatically but also provide real-time guidance, ensuring 100% compliance and zero errors. Whether you are a salaried individual, a freelancer, or an NRI, the best ITR filing apps in India now make tax filing possible anytime, anywhere – directly from your smartphone. Table

Residential status under the Income Tax Act, 1961, determines how an individual’s income will be taxed in India. It affects whether global income or only Indian income becomes taxable, making it one of the most crucial steps before filing returns. As per Section 6 of the Act, residential status depends on the number of days an individual stays in India and their past presence over the preceding years. Accurate classification ensures compliance, helps avoid double taxation, an

Capital gains tax for Non-Resident Indians (NRIs) applies to income earned from selling capital assets located in India, such as property and shares. The latest updates from Union Budget 2025 have refined how these gains are classified, taxed, and reported. With changes in tax rates, indexation rules, and TDS compliance, understanding these provisions is crucial for accurate reporting and timely filing. NRIs must also comply with repatriation and exemption rules under the In