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The PCIT argued that this amount was part of the taxable salary under Section 17(1) of the Act and that the AO ... for the difference between salary as per Form No. 16 and the salary as disclosed in ...
ITR filing 2025-26: The commencement of the new financial year marks the official beginning of the filing of Income Tax Returns (ITRs) for the Assessment Year 2025-26. As in previous years ...
For pensioners with earnings below Rs 50 lakh from sources such as salary, pension, rental income, and interest, ITR-1, also known as Sahaj, is the recommended form. If income is derived from ...
ITR forms For pensioners with earnings below Rs 50 lakh from sources such as salary, pension, rental income, and interest, ...
The Income Tax Department has categorised taxpayers under different ITR forms, ranging from ITR-1 to ITR-7, each designed to suit different sources of income and taxpayer categories. In this guide, we ...
“The applicable ITR forms to file for salaried persons are ITR-1 and ITR-2. ITR-1 to be filed if income is up to ₹50 lakh with limited sources like salary and one house property. ITR-2 to be filed if ...
If you have to file ITR-B then note that unlike other ITR forms like ITR-1, 2, 3, etc, ITR-B is filed for block assessment years. It's like once a search or requisition operation has been conducted, ...
Selecting the correct ITR form ... choice of form depends on the nature and amount of income. Most senior citizens who earn from pension, interest, and one house property, and whose total income does ...
of sub-section (1) of section 158BC, relating to any search initiated under section 132 or requisition made under section 132A on or after the 1st day of September, 2024 shall be in the Form ITR-B ...
of sub-section (1) of section 158BC, relating to any search initiated under section 132 or requisition made under section 132A on or after the 1st day of September, 2024 shall be in the Form ITR-B ...