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Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...
ITR-2 can be filed using the Excel or Java utilities provided by the income tax department, or online directly through the e-filing portal. This guide outlines the most effective way to file ITR-2 ...
ITR filing FY 2024-25: The Income Tax Department has enabled online ITR-2 filing for FY 2024-25, allowing taxpayers with salary, capital gains, and cryptocurrency income to file returns by ...
For the assessment year 2025-2026, taxpayers using ITR-2 must understand eligibility and new reporting requirements, ...
According to tax laws, F&O income is classified as non-speculative business income under Section 43(5) of the Income Tax Act.
The September 15 ITR deadline is around the corner, and if you earned money from online games like fantasy cricket, rummy, or poker in FY25, it’s time to report your winnings to the tax department.
Although the CBDT extended the due date for non-audit cases from July 31, 2025, to September 15, 2025, the utilities for ITR-5, ITR-6 and ITR-7 were released only in August. ITR 2 and 3 also came out ...
The Income Tax Department has extended the ITR filing due date for FY 2024-25 to5, 2025. If your income is simple and you have Form 16, you can file ITR-1 online in just 30 minutes without a CA. Learn ...
Individuals with F&O trades, business income, or multiple sources must file ITR-3. Here's what's new in rules, risks, and ...
Income from online gaming does not fall under salary, house property, capital gains, or business income. Instead, it is classified under ‘Income from Other Sources’.
During the ITR filing season, checking tax refund status is crucial to ensure successful processing. The Income Tax ...
Usually, if your return is e-verified, the refund is credited within four to five weeks. But if you’re still waiting, you can ...