Individual taxpayers earning long-term capital gains (LTCG) up to ₹1.25 lakh under Section 112A of the Income Tax Act, 1961, ...

New ITR forms simplify filing for individuals with LTCG up to ₹1.25 lakh, enhancing taxpayer services and compliance.

This change makes tax filing simpler and less time-consuming for small investors, especially salaried individuals.

With the notification, individuals, HUFs, firms having income up to Rs 50 lakh and those having earnings from business and ...

Income Tax Department has simplified how taxpayers will file ITR returns. For the assessment year 2025-26, the forms ITR-1 ...

Individuals earning income through salary, pension, rental income from a single house, or interest on investments, and who ...

Taxpayers with long-term capital gains (LTCG) under Section 112A can now file ITR-1, provided the gains are within the ...

Income Tax Department notifies ITR forms 1 & 4 for Assessment Year 2025-26, simplifying tax filing for individuals and ...

Under I-T law, LTCGs of up to Rs 1.25 lakh from the sale of listed shares and mutual funds are exempt from tax. Gains ...

To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

The CBDT has released ITR forms 1 and 4 for the financial year 2024-25, applicable for income earned from April 1, 2024, to ...