Students, salaried individuals, and pensioners can file ITR-1 for AY 2026-2027. The deadline for filing this income tax ...

Many taxpayers assume that long-term capital gains (LTCG) below the ₹1.25 lakh exemption limit need not be reported in their ...

Income-tax returns: The income-tax department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) online forms for financial year 2025-26 i.e. assessment year 2026-27 and ...

A LinkedIn post by information security specialist Uddeshya Kumar has gone viral after he detailed how he used Anthropic’s Claude AI desktop application to complete his ITR-1 filing process ...

The correct return form depends on the nature of income, transactions undertaken during the year, residential status and specific reporting requirements. Because there are some financial transactions ...

Income from Salary, Pension, House property, Capital Gains, Income from other sources Individuals not eligible to file ITR-1, i.e. with total income exceeding Rs 50 lakhs, with foreign assets/income, ...

According to the Income Tax Department, ITR-1 is meant for resident individuals (other than Resident but Not Ordinarily Resident) having total income of up to ₹50 lakh from salary or pension, one or ...

ITR-1 is for salaried/pensioners, but has limitations. Ineligible with capital gains, business income, foreign assets. Wrong form leads to defective return notice. ITR-1, or Sahaj, is the simplest ...