Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be mandatory. Certain income levels, high-value transactions like significant ...

If your tax liability becomes zero after claiming the Section 87A rebate, you may assume that you no longer need to file an income tax return (ITR). However, the rebate only reduces the amount of tax ...

Under the income criteria, an individual is required to file his ITR if his income from all the sources during a financial year exceeds the amount of basic exemption limit.

A nil tax liability in Form 16 does not automatically exempt salaried taxpayers from filing an ITR. Filing may still be necessary to claim refunds, carry forward losses and meet reporting requirements ...

Before deciding to skip return for the AY 2026-27, retirees should consider the income tax slabs for senior citizens under ...

As the Assessment Year 2026-27 filing season gets underway, some salaried individuals frequently wonder if they should file an Income Tax Return (ITR) even if they don’t have any tax liability. The ...

Today is the last day for eligible taxpayers to file income tax returns. Over 5.44 crore ITRs have been filed so far. Follow ...

If you have incurred a capital loss on your investments this year, do not panic. Isha Jaiswal states, "If you file your ITR ...

Filing an Income Tax Return (ITR) is not just about paying taxes. It can help taxpayers claim refunds, carry forward losses, ...

Filing your income tax returns (ITR) can be a tough task for first-time taxpayers and salaried individuals alike. Here's a checklist of essential documents you'll need to make the process smooth and ...

Salaried taxpayers who switched jobs need to be careful while filing their income tax returns. Switching jobs changes tax ...

Track live updates on ITR filing's last day, including deadline news, CBDT announcements, portal status, extension updates ...