The Select Committee on the Income-Tax Bill 2025 recommended this, say officials closely involved with the legislation.

Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign Source Income) is meant for reporting income from foreign sources.

Income Tax Department warns against phishing emails promising tax refunds. Don't click suspicious links or share personal ...

Taxpayers must ensure proper disclosures when reporting foreign assets and income to tax authorities, including selecting the ...

Once you file your ITR, you must verify it to avoid rejection. The Income Tax Department offers online ways to e-verify ...

Sixty-one-year-old Hophine Bwosinde pled guilty to one count of aiding and assisting in fraud and false statements.

The Income Tax Department has enabled online ITR-2 filing for FY 2024-25, allowing taxpayers with salary, capital gains, and ...

ITR-2 is applicable for individuals and Hindu Undivided Families (HUFs) who have income from salary or pension, income from ...

File ITR-2 online for taxable capital gains income in FY 2024-25 with pre-filled data, deadline extended to September 15.

The Central Board of Direct Taxes (CBDT) has officially notified Income Tax Return (ITR) Form ITR‑2 for AY26, under Section ...

The Income Tax Department on Friday cautioned the public against phishing emails relating to tax refund and asked people not ...

Income Tax Return-2 is meant for the individuals who want to file their ITR for income accrued from sources such as salary, ...