The ITR-5 form is meant for taxpayers such as companies, societies, trusts, limited liability partnerships (LLPs) and ...
The new income tax form initially lacked a section for certain tax exempt receipts. Now, it includes an additional dropdown ...
The Income Tax Department has made the Excel Utility for ITR-5 available for Assessment Year (AY) 2026-27, allowing eligible ...
IT Dept. adds 'Receipts not in nature of income' field. Clarifies reporting for non-income receipts. Improves accuracy, reduces tax queries. The Income Tax Department has introduced a new reporting ...
Know what the new 'Receipts Not in the Nature of Income' field means, who should use it, and whether it affects your tax ...
The article introduces an offline tax computation tool that calculates tax under both the old and new tax regimes, helping ...
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