tax filing

Own foreign stocks or MNC Esops? Omit them from ITR at your peril

I-T rules require all taxpayers who hold foreign assets to declare them under Schedule FA. These include stock options, foreign…

5 months ago

ITR filing 2024: Which ITR form is recommended for senior citizens, super senior citizens for tax returns

The deadline for filing income tax approaches each day, underscoring the importance for senior and super-senior citizens to grasp the…

5 months ago

Here’s how to accurately declare assets in Schedule AL of your ITR

Schedule AL was introduced in 2016 after the wealth tax was discontinued. “The government wanted a monitoring system to check…

5 months ago

Income Tax Filing: 10 necessary guidelines that you must be aware of

Pre-filled ITRs: The Income Tax Department automatically populates tax return forms with information obtained from employers, banks, and investment entities.…

5 months ago

Submitted wrong ITR form? Know how many times you can revise return

Correcting any mistakes or omissions in your initial Income Tax Return (ITR) is the aim of filing a revised ITR.…

6 months ago