The income tax return (ITR) filing season for Assessment Year 2025-26 is now open. Every taxpayer, including salaried individuals, must file their returns using one of the seven ITR forms available ...
CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...
Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...
If you have not disclosed foreign assets (FA) or foreign income in your ITR (Income Tax Return), you can still include them by filing a revised return before December 31. The IT Department has asked ...