Advance tax September 15 deadline nears: What taxpayers should keep in mind
The September 15 deadline for the second instalment of advance tax is approaching, and taxpayers with income from sources such
Income Tax Return News
Over 7 crore income tax returns filed ahead of August 31 deadline for ITR-3, 4, 5 and 7
More than 7 crore income tax returns have already been filed for Assessment Year 2026-27, reflecting strong participation from taxpayers
Delhi HC pauses judges’ ITR processing amid tax exemption row
The Delhi High Court has instructed the income tax department not to process the returns of judges of the High
Tax liability of entities filing ITR rises threefold in 5 years to ₹1,043 cr in AY26
The total income tax liability of entities filing income tax return ITR-7 was ₹1,043 crore in Assessment Year 2025-26, about
Delhi High Court directs judges to share PAN details to protect tax returns amid allowance dispute
The Delhi High Court has directed Supreme Court and High Court judges to share their Permanent Account Numbers (PANs) and
Can’t use I-T revision plea to bypass deadline for revising returns: Supreme Court
The Supreme Court has ruled that a revision petition under Section 264 of the Income Tax Act cannot serve as
CBDT enables foreign asset disclosure in AIS: What taxpayers need to know before filing ITR
The Central Board of Direct Taxes (CBDT) has introduced a new feature in the Annual Information Statement (AIS) that allows
Income Tax Department Releases ITR-5 Offline Utility for AY 2026-27
The Income Tax Department has released the Offline Utility for ITR-5 for Assessment Year 2026-27 on the e-Filing portal. The
Income Tax Department Releases ITR-6 Excel Utility for Assessment Year 2026–27; Excel-based return-filing utility, JSON Schema and Validation Rules made available on the Income Tax e-Filing Portal
The Income Tax Department has released the Excel-based utility for Income Tax Return Form ITR-6 for Assessment Year 2026–27. The
Over 5.9 crore income tax returns filed by July 31 for AY27 as deadline closes
More than 5.9 crore income tax returns (ITRs) were filed by taxpayers for the assessment year (AY) 2026-27 by July
