Individuals and HUFs not eligible for ITR-1 can file ITR-2 online. This guide details the necessary documents and steps for ...
Long-term capital gains (LTCG) of up to ₹1.25 lakh on listed shares and equity mutual funds may be exempt from tax, but that doesn't mean you can leave them out of your Income Tax Return (ITR). Tax ...
The shift is the result of a key relaxation in the eligibility rules for ITR-1 for AY 2026-27. Earlier, the presence of any capital gains however small pushed a taxpayer out of ITR-1 and into ITR-2.
CBDT has notified revised ITR-2 for AY 2026-27 with changes to capital gains, buy-back reporting, disclosures, due dates and filing ...
Because there are some financial transactions that could make you ineligible to file ITR-1 and require you to switch to ITR-2 ...
AI Quick Read For most taxpayers, filing an income tax return begins with choosing the correct ITR form. That choice has become more important this year, with the Income Tax Department revising the ...