New ITR-1, 2 forms for FY26 expected soon; here's what taxpayers can expect

Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...
Hosted on MSN

ITR filing 2025: ITR-2 notified for tax filing in FY2024-25; check who all should opt for it

ITR filing: The Central Board of Direct Taxes (CBDT) released the Income Tax Return form-2, or ITR-2, for the fiscal year 2024-2025 on Monday, following the recent notification of ITR forms 1, 3, and ...
Hosted on MSN

Income Tax: ITR-1 or ITR-2? Which one should you choose when filing returns? Eligibility, differences and more explained

Selecting the right ITR form is essential when filing income tax returns. Filing your return using the wrong form can lead to rejection by the Income Tax Department and even a delay in refunds. Among ...
Nasdaq

Income Tax Department releases five ITR forms for taxpayers

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

ITR filing deadline changed: Different ITR form to have different ITR filing deadline -- Each case Explained

In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...