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<p>If you plan to take a loan or credit from any bank or financial institution, you must file your ITR. Many times, banks ask for ITR documents as proof of income.</p>


ITR Filing FY 2025-26: Reasons to file income tax return even when zero tax liability—Explained with examples

<p data-pm-slice="0 0 []">Taxpayers filing income tax returns for AY 2026-27 can claim various deductions and exemptions depending on the tax regime they choose. Here's the complete list of tax benefits available under the old and new tax regimes.</p>


ITR filing AY 2026-27: Complete list of deductions and exemptions available under old and new tax regimes

<p>Sikkim is the only state in the country where residents who are eligible are exempt from paying income tax. The special status is not a government incentive scheme but has existed for decades and is linked to the state’s unique history.</p>


Why Sikkim is India's only income tax-free state — and what happens if you move there?

<p><strong>Income Tax Return Filing: </strong>Submitting false information and claims like HRA while filing your income tax return may result in financial penalties and criminal prosecution.</p>


ITR Filing HRA Alert: Planning to submit fake rent receipt? Here's how I-T department may catch you using AI

<p>Filing an ITR before the due date is as good as doing any other financial task before the deadline. It saves you from paying late fees and interest. Besides, you may experience website traffic, a technical glitch, or any such issue if you choose the last date to file your ITR.</p>


ITR Filing: 5 benefits of filing your income tax return before the due date

<p>This is called a Tax Deducted at Source (TDS) certificate. It is proof that an employer has deducted the tax from the employee's salary and deposited it with the Central Government.</p>


ITR Filing: Form 16 or Form 130? Why does it matter and when you may get it

<p>Employee perks such as ESOPs, company-provided accommodation, cars and employer contributions to retirement schemes are an important part of many salary packages. While these benefits can increase an employee's overall compensation, they also come with tax implications.</p>


ESOPs in your salary package? Here's why you may pay tax before seeing any cash

<p>Reporting entities filing Statements of Financial Transactions (SFTs) must avoid common mistakes such as incorrect PAN details, duplicate entries and delayed submissions before the May 31 deadline. Accurate SFT reporting is critical for maintaining error-free Annual Information Statements (AIS) and ensuring smooth Income-tax Return filing for taxpayers.</p>


AIS filing: 5 common SFT reporting mistakes entities must avoid before May 31

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<p data-end="249" data-is-last-node="" data-is-only-node="" data-start="0">ITR filing rules for super senior citizens come with several relaxations, including relief from mandatory e-filing in specific cases. Here’s a look at the eligibility conditions, exemptions and key tax rules applicable for FY 2025-26.</p>
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ITR filing 2026: Can super senior citizens avoid filing income tax returns? Eligibility, rules explained

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<p data-end="352" data-is-last-node="" data-is-only-node="" data-start="177"><strong>Old vs New Tax Regime FY27:&nbsp;</strong>Confused between the old and new tax regimes in FY27? Here’s which option may help salaried employees save more tax based on income, deductions and investments.</p>
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Old vs New Tax Regime FY27: Which one offers more tax benefits for salaried employees?

<p>The Income Tax Department uses different return forms based on the nature and complexity of a taxpayer’s income. From salaried individuals to companies, trusts, and partnerships, each category has a separate reporting requirement. Filing the wrong form can make the return defective and may require refiling.</p>


First time filing ITR? Here’s how to choose the right ITR form based on your income

<p data-pm-slice="0 0 []"><strong>Income Tax Return 2026:&nbsp;</strong>Think filing an Income Tax Return is unnecessary because your tax liability is zero? A nil ITR can still help you claim TDS refunds, improve loan and visa applications, maintain income proof and preserve future tax benefits.</p>


Income Tax Return 2026: 5 reasons to file ITR even if you have zero tax to pay

<p><strong data-end="371" data-start="345">Income Tax Rules 2026:</strong>&nbsp;The government has introduced major changes in income tax forms under the new Income Tax Rules 2026, including the replacement of Form 16 with Form 130 and revised PAN application forms. Several TDS and tax audit forms have also been merged or renamed to simplify tax compliance for FY 2025-26.</p>


Income Tax Rules 2026: Form 16 replaced, PAN-TDS rules changed; 8 key changes to know

<p><strong>Income Tax Return AY 2026-27:</strong> The Income Tax Department has released the Excel utilities for ITR-1 and ITR-4 for Financial Year 2025-26 (Assessment Year 2026-27), enabling eligible taxpayers to begin filing their income tax returns for the current assessment year through the e-filing portal.</p>


Income Tax Return AY 2026-27: I-T dept releases ITR-1, ITR-4 Excel utilities; Check eligibility

<p><strong>Tax deadlines:&nbsp;</strong>May 2026 brings key income tax deadlines, including TDS and TCS payments, quarterly filings, and certificate issuance. Taxpayers must track due dates through the month to avoid penalties, interest, and compliance issues.</p>


Tax deadlines in May 2026: Key dates you should not miss this month

<p><strong>Old vs New Tax Regime 2026:&nbsp;</strong>Speaking with Zee Business, tax experts Sunil Garg and Vivek Jalan explained that the choice between regimes is not universal and depends entirely on how much deduction a taxpayer can actually claim versus the simplified structure of the new tax regime.</p>


Old vs New Tax Regime 2026: What the break-even point is and how it determines your tax choice

<p>Income tax deadlines for FY27 go beyond just ITR filing, covering TDS deposits, certificates and advance tax payments across the year. Here’s a complete list of key dates taxpayers must track to avoid penalties and stay compliant.</p>


Income Tax Deadlines FY27: ITR, TDS certificates — Key dates

<p>Income Tax Dept has launched TRACES 2.0 from April 1, 2026, simplifying TDS compliance under the new tax regime. New forms, lower TCS rates and a revamped portal aim to make tax tracking and corrections easier for taxpayers.</p>


Income Tax Dept Launches TRACES 2.0: How new TDS portal works, what changes for taxpayers

<p><strong>Income Tax FY27:&nbsp;</strong>Form 39 will replace Form 10E from FY27 to help taxpayers claim relief on salary arrears and lump sum receipts. The new form simplifies calculations, reduces errors and ensures fair tax liability.</p>


Income Tax FY27: New Form 39 to claim relief on salary arrears, gratuity — Key details

<p>Choosing between the old and new income tax regimes in 2026 can impact your savings by up to Rs 1.25 lakh, especially for a Rs 20 lakh salary. The right choice depends more on your financial habits than just tax slabs.</p>


Old vs New Income Tax Regime: Choosing the wrong one could cost you more — 7 mistakes to avoid

income-tax

If you plan to take a loan or credit from any bank or financial institution, you must file your ITR. Many times, banks ask for ITR documents as proof of income.

Taxpayers filing income tax returns for AY 2026-27 can claim various deductions and exemptions depending on the tax regime they choose. Here's the complete list of tax benefits available under the old and new tax regimes.

Sikkim is the only state in the country where residents who are eligible are exempt from paying income tax. The special status is not a government incentive scheme but has existed for decades and is linked to the state’s unique history.

Income Tax Return Filing: Submitting false information and claims like HRA while filing your income tax return may result in financial penalties and criminal prosecution.

Filing an ITR before the due date is as good as doing any other financial task before the deadline. It saves you from paying late fees and interest. Besides, you may experience website traffic, a technical glitch, or any such issue if you choose the last date to file your ITR.

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Income Tax News - Read Income Tax Latest news, Income Tax news Today, Top News on Income Tax Slab, ITR Filing, TDS, Income Tax Saving Tips on Zee Business