ITR filing FY 2024-25: The Income Tax Department extended the ITR filing deadline or due date for AY 2025-26 to September 15, 2025. Filing after this date incurs penalties. The article provides a step ...
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Owning two houses but no rental income: Can you still file ITR-1, or is ITR-2 mandatory?
Hi, my father owns two properties but earns no rental income from either. He has no stock or mutual fund investments and meets all other eligibility criteria for ITR-1. I’m unsure whether owning ...
ITR Due Date Extension News 2025 Highlights: The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The ITR deadline was extended following ...
ITR due date: As the month of September begins, several taxpayers may have already filed their income tax returns (ITR), while some are still rushing to report their taxable income before the deadline ...
The I-T Department issues different forms for different types of taxpayers. This is based on their income sources, level of income, residential status, and legal status of the taxpayer, among others.
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