Hosted on MSN

Which ITR form applies to your income for ITR filing FY 2024-25 (AY 2025-26) ITR-1, ITR-2, ITR-3 or ITR-4?

The Income Tax Department has notified the income tax return (ITR) forms for the financial year 2024-25 (assessment year 2025-26). This year's ITR forms have been updated to incorporate the income-tax ...
Hosted on MSN

ITR filing 2025: Who can file ITR-1, who cannot file it for FY 2024-25 (AY 2025-26)?

Filing your tax return starts with choosing the correct ITR form. The Income Tax Department has released the income tax return (ITR) forms for Financial Year 2024-25 (Assessment Year 2025-26). Are you ...

Foreign assets disclosure: What taxpayers must report in Schedule FA in revised ITR before Dec 31

CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, starting from the year they vest until they are sold. He added that when ...

Updated or revised ITR? What taxpayers need to know before Dec 31 deadline

As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...

ITR Filing Alert: Revised Or Belated Return—Which One Should You File Before Dec 31?

If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...