Before deciding to skip return for the AY 2026-27, retirees should consider the income tax slabs for senior citizens under ...

Even with a zero tax liability due to the Section 87A rebate, filing an income tax return (ITR) may be necessary. Your ...

Under the income criteria, an individual is required to file his ITR if his income from all the sources during a financial ...

As the Assessment Year 2026-27 filing season gets underway, some salaried individuals frequently wonder if they should file an Income Tax Return (ITR) even if they don’t have any tax liability. The ...

Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be mandatory. Certain income levels, high-value transactions like significant ...

Why first-time taxpayers are making more return filing mistakes than ever? Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants’ Society, says fi ...

A nil tax liability in Form 16 does not automatically exempt salaried taxpayers from filing an ITR. Filing may still be necessary to claim refunds, carry forward losses and meet reporting requirements ...

If you want to carry forward your losses from mutual funds, shares, or property sales, then you need to file ITR before the deadline. This will help you reduce future tax liability. Thinking of filing ...

ITR filing: Filing your Income Tax Return (ITR) offers significant advantages beyond just tax payment. It's crucial for claiming refunds, carrying forward losses to reduce future tax, and enhancing ...

Many salaried employees earning up to ₹12.75 lakh may not have seen any TDS deducted this year. But that doesn't automatically mean their tax bill is zero. Here's why additional income from sources ...