Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...
NEW DELHI: Noida-based self-employed professional Alka Sharma was among the early tax return filers last year because she was expecting a fat tax refund. “The 10% TDS deduction on my professional ...
As the last date for filing Income Tax Returns (ITR) for FY 2024–25 draws near, taxpayers must carefully choose between the old tax regime and the new tax regime while filing their returns. However, ...
ITR filing 2025: As the income tax department has released ITR-1, ITR-3, ITR-4, and ITR-5 forms, the filing of income tax returns for AY 2025-26 (FY 2024-25) is imminent. When filing their ITR, ...
A costly oversight around Form 10-IEA is catching many self-employed taxpayers off guard — one missed step, and your tax return could default to the new regime, wiping out key deductions and refunds.