Filing ITR soon? Choosing wrong form could trigger a tax notice; check details

The Income Tax Department has released ITR forms for AY 2026-27. Know which form to choose, filing deadlines, and late ...
Tax Guru

ITR Forms for AY 2026-27: Which Form to File and Key Changes

The article explains all ITR forms applicable for AY 2026-27 and highlights key changes in capital gains, buyback taxation, and foreign asset reporting. It emphasizes selecting the correct form to ...

12 key income tax form changes every taxpayer should know: From Form 16 to Form 168

A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will ...

Income Tax Act 2025 rollout begins with mega outreach programme in Mumbai

According to an official release, the event witnessed participation from more than 700 attendees, including chartered ...
The Financial Express

Employee files ITR using Form 16, gets Rs 51.2 lakh tax penalty; ITAT ruling offers key lessons for taxpayers

An IT employee who claimed an income tax exemption based on his employer-issued Form 16 was slapped with a Rs 51.2 lakh ...