Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...

This form is mainly for those individual taxpayers whose income comes from simple sources, such as salary, pension or ...

"Table A3: Details of Foreign Equity and Debt Interest held (including any beneficial interest) in any entity at any time during the calendar year ending as on December 31, 2024. Here an individual ...

The redemption of SGBs by an individual with the RBI is not treated as a “transfer” under Section 47(viiic) of the Income Tax ...

A common mistake taxpayers make is opting for the incorrect tax return form. For instance, instead of ITR-2, a taxpayer may ...

E-verify within 30 days—otherwise the return isn’t treated as filed. Residents and ordinarily residents (RORs) in India are ...