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ITR Filings Hit Record 72.8 Million

The platform recorded a peak rate of 917 filings per second on July 17 and 9,367 filings per minute on July 31. Illustration: Dominic Xavier/Rediff.com   A record 72.8 million income-tax......

CBDT notifies ITR forms for Assessment Year 2024-25

The Income Tax department on Friday said it has notified I-T return forms 2, 3 and 5 for filing tax returns for assessment year 2024-25. Illustration: Dominic Xavier/Rediff.com The ITR-1, which......

I-T dept enables online filing of ITRs 1, 4

The Income Tax department has enabled online filing of income tax returns (ITRs) 1 and 4, filed by individuals, professionals and small businesses, for 2022-23 fiscal. Illustration: Uttam......

Single ITR form with focus on cryptos likely

The Central Board of Direct Taxes (CBDT) has proposed a new common income-tax return (ITR), with greater focus on disclosing income from virtual digital assets or crypto assets and foreign equity......

Documents you must keep handy to file income tax returns

The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Illustration: Uttam Ghosh/Rediff.com Nonetheless, you must have a number of......

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