by Team SKM | May 6, 2025 | ITR, News
CBDT has notified the new ITR-2 Form for AY 2025–26, introducing key updates. These include separate disclosure of capital gains, permission to claim capital loss on share buybacks effective from October 1, 2024, and an increased threshold of ₹1 crore for reporting...
by Team SKM | May 5, 2025 | ITR, News
The Central Board of Direct Taxes (CBDT), on May 1, 2025, officially announced the release of the updated Income Tax Return Form ITR-5 for the Assessment Year 2025–26. This latest version of the form includes several important modifications that align with the changes...
by Team SKM | May 2, 2025 | ITR, News
The Income Tax Department has released ITR Forms 1 and 4 for AY 2025–26. The last date to file returns for FY 2024–25 is July 31, 2025. ITR-1 is for resident individuals with income up to ₹50 lakh from salary, one house property, and other sources. ITR-4 is for...
