New ITR forms for FY 2024-25: The Income Tax Department has issued a new ITR-1 and ITR-4 for tax filing purposes for the assessment year 2025-26, simplifying the process for individuals with long term ...
The Income Tax Department has rolled out the new Income Tax Return (ITR) forms for Assessment Year (AY) 2025–26, covering income earned in the financial year 2024-25. The changes in ITR filing for FY ...
This provision allows taxpayers to lower or even eliminate the LTCG tax by reinvesting sale proceeds into a residential ...