Tax Filing

ITR-1 AY 2026-27: New Changes Salaried Taxpayers Should Know

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ITR-1 AY 2026-27: New Changes Salaried Taxpayers Should Know

ITR-1 AY 2026-27 has become more useful for salaried taxpayers because the form now covers more situations than before. The Income Tax Department’s official notification for AY 2026-27 describes ITR-1 as applicable to resident individuals with total income up to ₹50 lakh from salary, two house properties, other sources, Section 112A long-term capital gains up … Read more

May 31 TDS Return Deadline: Who Must File and What Happens If You Miss It

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May 31 TDS Return Deadline: Who Must File and What Happens If You Miss It

May 31 TDS return deadline is important because deductors must file the quarterly TDS statement for the quarter ending March 31, 2026. This is the last quarter of FY 2025-26, and it directly affects the tax-credit records of employees, vendors, contractors, professionals and other deductees. The Income Tax Department’s tax calendar lists May 31, 2026, … Read more