The due date for filing income tax returns has again been pushed back to December 31. Avoid interest and penalties by filing income tax returns before the due date

You need to file returns even if your income falls below the basic threshold after all deductions

The form reflects not just TDS deducted by your employer or bank, but also details of various financial transactions

Seven ITR forms are available for you to file returns. Complete disclosure of your income is not enough. Make sure you use the correct form, too

So long as you make your tax-saving investments or incur certain expenses within March 31 (July 31 this year), you are still allowed tax deductions

Sale proceeds from mutual funds are taxed, depending on how long you’ve held on to them

Filing your income-tax returns through the government’s e-filing portal is easy. Make sure you have all your documents ready

You can revise your income tax return as many times as you want. It’s useful if you forget to claim a deduction or declare an income while filing earlier

Legal heirs of the dead must file income-tax returns for income earned in the year the dead passed away. Legal heirs cannot just merge the income with their own income and file just one tax return