Form 16 captures your salaried income but you must also cite bank interest, capital gains or freelance earnings ...

If your IFSC code or account number is wrong or the account is not pre-validated, refunds may fail or get delayed. Given that refunds are processed electronically, accuracy here is non-negotiable.

The case demonstrates how an incorrect exemption claim based on Form 16 led to scrutiny and penalty proceedings. The Tribunal ultimately granted relief after recognizing the taxpayer s genuine ...

The article highlights common return filing errors, including wrong ITR forms and income mismatches, that can result in defective returns or delayed ...

The Income-Tax Department has notified all ITR forms for assessment year 2026-27 i.e. financial year 2025-26. Further, the tax department has also enabled Excel Utility for online forms ITR-1 (Sahaj), ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...

The income tax filing season is underway, and taxpayers across the country are preparing to submit their returns for the ...

Here’s what to know this tax season — from when your refund may arrive to how to check its status. The Internal Revenue Service started accepting federal tax returns in late January. Federal income ...