ITR-4 (Sugam) is a simplified return form applicable to resident individuals, HUFs, and firms (other than LLPs) with total income up to Rs. 50 lakhs, opting for presumptive taxation under sections ...

The Income Tax (I-T) Department has released Excel utility versions of Income Tax Return (ITR) forms 1 and 4 for the Assessment Year 2026–27 (FY 2025-26) while also starting online filing for the same ...

Income-tax returns: Taxpayers filing their returns with the ITR-4 or Sahaj online form need to submit the following documents as proof in order to claim deductions under Sections 80C, 80D, 80U, 80E, ...

Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing adjustment or whether it reflects a mismatch in income, TDS, deductions, or ...

Know the eligibility, exclusions and key differences between ITR-1, ITR-2 and ITR-4 for AY 2026-27, including Section 139(9) and revised return ...

Salaried individuals, pensioners, and students must select the appropriate ITR form for AY 2026-2027. Taxpayers not requiring ...

With the income tax return (ITR) filing season underway, many taxpayers are preparing to submit their returns for the ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

As taxpayers prepare to file returns for AY 2026-27, experts are warning that common mistakes such as choosing the wrong ITR form or failing to disclose all income sources could lead to penalties, ...