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…

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

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

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

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

Tax audit deadline: Key points taxpayers should keep in mind before filing the audit report
Tax audit deadline nears: Check books, GST, Form 26AS, AIS, TDS, expenses and unusual transactions, and ensure figures in the audit report match the ITR…

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

ITR Filing 2026: Don’t File Your Tax Return Before Receiving Form 16A; Here’s Why
ITR Fiing: The Income Tax Return (ITR) filing season is all set to begin and taxpayers are already preparing to file their ITR early in…

From PAN, TDS to tax regime: 7 Form 16 checks you can’t miss before filing ITR
For many salaried employees, Form 16 is the starting point of ITR filing. But before you file your return, have you checked whether your PAN,…
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