ITR-1 (Sahaj): This form is applicable to individuals who have income from salary, one house property, and other sources like interest income or family pension. It is suitable for residents whose ...

FORM developed its proprietary offering, FORMfit, to allow employers to expand access to high-impact obesity care while investing in GLP-1s at a level that aligns with their short and long-term ...

Form 1040-X should be used to correct material changes but not to fix mathematical errors. You can e-file the form if you e-filed the corresponding tax return. Otherwise, mail it in.

Does this make your audit risk higher? It may, and that’s an argument for doing all you can to make sure the Form 1099 is correct in the first place. But you probably don’t have much choice.

Similarly, in the case of business income, ITR 3 Form (the most comprehensive Form for individuals) must be filed, and in the case of presumptive income, ITR 3 or ITR 4 can be filed.

Mismatch between Form 16 and Form 26AS can result in scrutiny—here's the way to correct it before filing your ITR.

Wrong selection of the ITR form may lead to rejection by the IT Department It can result in penalties under the Income Tax Act Incorrectly filed ITR may undergo scrutiny or assessment by the tax ...