CBDT Makes “Balance with Banks” Disclosure Mandatory in ITR-4 for AY 2026-27
The Central Board of Direct Taxes (CBDT) has introduced an important change in ITR-4 for Assessment Year 2026-27 (FY 2025-26) […]
Income Tax Portal Update
CBDT Enables Filing of ITR-1 and ITR-4 for Assessment Year 2026–27; Excel Utilities and Online Filing Now Live on e-Filing Portal
The Central Board of Direct Taxes (CBDT), Ministry of Finance, has notified the activation of Income Tax Return forms ITR-1
CBDT mulls inclusion of lower value account, pre-filling alerts on e-portal for foreign assets and income discloser
Taking positives out of the Nudge (non-intrusive usage of data to guide and enable) 2.0 campaign, the Central Board of
BIG UPDATE: Income Tax Department Releases Offline Utilities for Forms 145 & 146 Under Income Tax Act, 2025 – Major Boost for Non-Resident Payment Compliance
The Income Tax Department has released the latest version of the Common Offline Utility for statutory Forms 145 and 146
Income Tax Department Launches TDS TRACES 2.0: Key Features And Benefits For Taxpayers
The Income Tax department rolled out the new TRACES (TDS Reconciliation Analysis and Correction Enabling System) 2.0 platform last week.
AI-powered Kar Saathi launched for filing taxes: Features, access explained
The government has launched Kar Saathi, an AI-powered assistant designed to simplify income tax return (ITR) filing and taxpayer queries.
Income Tax Department Introduces parallel reading of two documents under Income-tax Rules, 2026
The Income Tax Department, under the Ministry of Finance, Government of India, has introduced a new digital utility to facilitate
CBDT launches new website and AI assistant Kar Saathi: How taxpayers can use the platform
The Income Tax Department has introduced a new website and an AI-based assistant called Kar Saathi, aimed at simplifying compliance
Income Tax Department Launches Unified e-Pay Challan System Enabling Seamless Tax Payments Under Income-tax Acts, 1961 and 2025 Through a Single Digital Interface
The Income Tax Department has introduced a new integrated e-Pay Challan facility on the Income Tax e-Filing Portal, aimed at
Important for Deductees: Why Timely TDS/TCS Corrections Matter
Important for Deductees: Why Timely TDS/TCS Corrections Matter What Changed? The section 397(3)(f) of Income Tax Act 2025 has reduced