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Know the consequences of claiming fake exemptions or deductions in your Income Tax Return (ITR).

Salaried Person Claimed Fake Exemption/ Deduction in ITR: What are Consequences

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The CBDT has notified the New ITR-U. In line with Finance Act 2025, Now taxpayer can file ITR for Last 4 years

New ITR-U notified by CBDT: Now you can file ITR of Last 4 years

Compare the old and new income tax regimes for a Rs. 30 lakh salary in FY 2024–25

Salary of Rs. 30L, Which Tax Regime to Choose?

Section 285BA of the Income Tax Act requires specified reporting persons to furnish a Statement of Financial Transaction.

Is Filing a Nil Statement of Financial Transaction (SFT) Mandatory

Know ITR filing deadlines for FY 2024-25, late fee penalties, and tax regime choices to avoid charges and stay compliant with income tax rules.

Avoid Late Fee: Be Alert of the Key Dates and Charges to File ITR in 2025

SFT also known as Reportable Account, is a system designed by the Income Tax law to monitor high-value transactions made by taxpayers during the year.

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Salaried Person Claimed Fake Exemption/ Deduction in ITR: What are Consequences

New ITR-U notified by CBDT: Now you can file ITR of Last 4 years

Salary of Rs. 30L, Which Tax Regime to Choose?

Is Filing a Nil Statement of Financial Transaction (SFT) Mandatory

Avoid Late Fee: Be Alert of the Key Dates and Charges to File ITR in 2025

SFT Filing Due Date: Know the Penalties for Non-filing of SFT