Insights

Man shows Rs 22 lakh income in ITR but pays Rs 86 lakh in LIC premium, faces tax trouble

15 Oct 2026Tax

A large investment in an insurance policy can attract the attention of the Income Tax Department if the taxpayer cannot satisfactorily explain where the money…

Tax on Dividend income of shares: How can investors minimise money loss? Expert explains

10 Oct 2026Tax

Dividend delights everyone, but it also comes with a disclaimer of taxation. When a company distributes a portion of its profit among shareholders, the dividend…

Bank FDs, mutual funds and stocks in one statement: RBI’s new plan explained

08 Oct 2026Tax

RBI’s latest move could simplify financial tracking by bringing bank deposit details into the CAS, helping investors reconcile their FDs and other investments more easily.…

Income Tax Audit Due Oct 21, ITR by Nov 21: Who Benefits from Deadline Extension

29 Sep 2026Tax

The Income Tax Department’s decision to extend two key tax compliance deadlines gives taxpayers and professionals handling audited accounts an additional 21 days to complete…

CBDT extends I-T return filing deadline for audit cases to November 21

28 Sep 2026Tax

The Central Board of Direct Taxes (CBDT) on Monday extended the deadline for filing income-tax returns for assessment year (AY) 2026-27 to November 21 from…

Changed Jobs This Year? Multiple Form 16s Could Complicate Your ITR Filing

18 Sep 2026Tax

If you have switched jobs during the financial year, you will receive a Form 16 from each employer. Each certificate will show only the salary…