FOUND: Tax return | Mind Blowing Facts

The IRS October 15 Deadline Is Getting Close: 7 Things Extension Filers Should Do Now

The IRS October 15 deadline for 2025 federal tax returns is getting close. For taxpayers who requested an extension, this is the point where waiting can turn a manageable filing into a frantic scramble.

The Free Financial Advisor · Sep 30

Man paid lower income tax by setting off business loss against long term capital gains but received income tax notice; wins case in ITAT Delhi

Man pays lower income tax by setting off business loss with long term capital gains but gets income tax notice; Wins case in ITAT Delhi. ITAT Delhi held that since the law does not prescribe any sequence of set-off a taxpayer may choose his own sequence.

The Economic Times · Sep 29

Deadlines for income tax audit and ITR filing extended for AY 2026-2027 to these dates

The Central Government has extended the deadline for filing Income Tax Returns for the Assessment Year 2026-27. Taxpayers subject to audit now have until November 21, 2026 to file their returns. Additionally, the tax audit deadline has been shifted to October 21, 2026, providing more time for compliance. Chartered Accountants…

The Economic Times · Sep 28

How Salaried Indians Can File Their ITR Without a Last-Week Panic Over Documents and Deductions

Start With Form 16, Everything Else Follows From ItForm 16 is the one document your employer is legally required to give you by June 15 each year, and it does most of the heavy lifting for a salaried ITR. Part A of Form 16 shows the TDS your employer deducted…

Times Life · Sep 6

REITs and InvITs: Despite tax-free dividends, non-resident investors may need to file ITR to claim a refund of TDS

The Taxation and Other Laws (Amendment) Act, 2026 addresses existing dividend tax discrepancies for unitholders by granting unconditional exemptions. Despite this, the established withholding tax regulations for BTs have not been modified, leading to possible inconsistencies. Non-resident investors may need to submit tax returns to retrieve withheld taxes, highlighting the…

The Economic Times · Sep 4

Missed August 31 ITR deadline? Know what ITR 3 and ITR 4 filers can do now

ITR deadline: By the end of August 31, 2026, over 7.8 crore individuals completed their income tax return submissions. Those who did not file on time have until December 31, 2026, to submit a belated ITR, incurring possible late fees. Notably, failing to meet this deadline also prevents taxpayers from…

The Economic Times · Sep 1

ITR filing August 31, 2026, deadline today: Due date for AY 2026-27; Check who must file return

ITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3 and ITR-4 forms. More than seven crore income tax returns have already been filed. Individuals and HUFs with presumptive business income use ITR-4. Partners of non-audit firms also have…

The Economic Times · Aug 31

Who needs to file ITR by August 31, 2026 for AY 2026-2027? Check what happens if ITR filing deadline is missed

ITR Deadline: The deadline for filing Income Tax Returns (ITR) for taxpayers with non-audit business or professional income is August 31, 2026. This due date was extended from July 31st to August 31st pursuant to an amendment in the Finance Act, 2026 in Budget 2026.

The Economic Times · Aug 29

Ask the Tax Editor, August 28: Are More Tax Changes Coming From Congress?

Joy Taylor answers questions from readers on on various tax proposals in Congress that taxpayers and preparers should keep an eye on this year and next.

Kiplinger · Aug 28

August 31 ITR filing deadline: ITR-3 or ITR-4? Which form you should choose while filing your income tax return

Taxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the process through presumptive taxation, ITR-3 demands a more detailed presentation of accounts.

The Economic Times · Aug 25