A professional with gross receipts of up to Rs. 50 lakhs in a financial year can take advantage of the presumptive taxation scheme and file ITR under Section 44ADA.(Mint) ITR filing: If you are ...

The last date to file Income Tax Return (ITR) was 16th September 2025. Today's Ask Wallet Wise query decodes can one file ITR after the due date, particularly if one wants to opt for a presumptive ...

Income not exceeding Rs 50 Lakh during the Financial Year (FY) Income from Salary/Pension, one House Property, Agricultural Income up to Rs. 5000. Income from Business and Profession which is computed ...

ITR filing FY 2024-25: The Income Tax Department has extended the ITR filing deadline for AY 2025-26 to September 15, 2025, for non-audit taxpayers. This extension, from the usual July 31st, ...

The Central Board of Direct Taxes (CBDT) has enabled updated income tax return (ITR-U) filing via ITR-3 and ITR-4 forms on the e-filing ITR portal for AY 2021-22 and 2022-23. This ITR-U return via ITR ...

My gross receipts from a specified profession are ₹ 10 lakh and I have short-term capital gains of ₹ 20,000. If I want to avail Section 44ADA benefits under the Income Tax Act, will I have to fill ITR ...

From social media influencers to script writers, advertising consultants, and digital marketing professionals, many new-age earners are now finding themselves in the crosshairs of the Income-tax (I-T) ...

The income tax (I-T) department has now enabled ITR-2 for filing returns through online mode with pre-filled data at the e-filing portal. ITR-2 is meant for the individuals who want to file their ...

July 31 may be a few weeks away, but individual taxpayers would do well to start working on their income tax returns for financial year 2023-24 (assessment year 2024-25). These taxpayers have to ...

Meet Tanya, a lifestyle influencer with 3.2 lakh followers on Instagram. Last year, she collaborated with 14 brands, earned ₹28 lakh in digital payments, and received freebies worth another ₹5 lakh — ...