Income Tax > Income Tax Knowledge

The Latest

Income in ITR 1: Where to Show Pension Income in ITR 1

by Shakshi Bharti | Jun 5, 2025

What is Pension Income? Understanding the BasicsIs Pension Income Taxable? Clarifying Taxable Pension RulesWho Can Use ITR 1 to Report Pension Income?Where to Show Pension Income in ITR 1? Step-by-Step InstructionsHow to Report Family Pension If You Receive It?Common...

Can We File ITR for Previous Years? A Complete Guide to Old Return Filing & Condonation Requests

by Shakshi Bharti | 5 June 2025 | Income Tax Knowledge, Income Tax | 0 Comments

What is the Time Limit for Filing ITR in India?Can You File ITR for Previous Years?Understanding Condonation Request: When and How to Use ItWhat is a condonation request?When is a condonation request accepted?How to file a condonation request?Who Can Benefit from...

Income in ITR 1: Where to Show Pension Income in ITR 1

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

What is ITR 6? Meaning, Filing Guide & Form Explained

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

What is ITR 6?ITR 6 Meaning: Who Should File?Key Features of ITR 6Structure of ITR 6 FormITR 6 Filing Process (Step-by-Step Guide)Common Challenges in Filing ITR 6Pro Tips to File ITR 6 SmoothlyITR 6 Filing Due Dates for AY 2025–26ConclusionFile with Finodha...

How to Fill ITR 2 Capital Gains in FY 2024-25

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Who Should File ITR-2?Documents Required Before You BeginStep-by-Step Guide: How to Fill ITR 2 Capital GainsStep 1: Log in to the Income Tax e-Filing PortalStep 2: Choose Your Filing DetailsStep 3: Navigate to the Income ScheduleStep 4: Fill in ITR 2 Schedule CG...

How to Report Short Term Capital Gain in ITR 2

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Understanding ITR 2 FormWho Should Use ITR 2 for STCG Filing?Where and How to Report Short Term Capital Gain in ITR 2Steps to Report Short Term Capital Gain in ITR 2:STCG Tax Rates Applicable in FY 2024-25Deductions and Exemptions: What You Can and Cannot...

Documents Required for Filing ITR for Business in India 2025

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Who Needs to File Business ITR?Master Checklist: Documents Required for Filing ITR for Business1. General Mandatory Documents2. Financial Statements3. Business-Specific Documents4. Tax Payment Proofs5. Optional But Useful DocumentsCommon Mistakes to Avoid During...

ITR 4 vs ITR 3: Which Income Tax Return Form Is Right for You in FY 2024-25?

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Understanding the Basics of ITR FormsITR 4 (Sugam) – Presumptive Taxation Scheme ExplainedWho Can File ITR 4?Key Features of ITR 4Pros and Cons of Filing ITR 4ITR 3 – For Income from Business or Profession (Detailed)Who Should File ITR 3?Features of ITR 3Pros and Cons...

When Does ITR Filing Starts? Complete Guide FY 2024-25

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

What Is the Income Tax Return (ITR) Filing Period?When Does ITR Filing Start for FY 2024-25 (AY 2025-26)?Important ITR Filing Deadlines to RememberAY vs FY: What’s the Difference and Why It Matters?Consequences of Missing the ITR Start or End DatesWho Benefits from...

How Many Years of ITR Required for a Visa 2025?

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Why Is ITR Important for Visa Applications?How Many Years of ITR Are Required for a Visa?Exceptions and Alternate Income Proof OptionsOther Key Documents Often Required Alongside ITRTips to Strengthen Your Visa File with ITRWhat Happens If You Don’t Submit ITR?Filing...

How to Fill ITR 3 Form for AY 2025-26: Complete Filing Guide

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

What is ITR 3?Who is Eligible to File ITR-3?What is the Due Date for Filing ITR 3?Step-by-Step Guide on How to Fill ITR 3Changes in ITR 3 for AY 2025-26Common Mistakes to Avoid While Filing ITR 3Why Choose Finodha for Filing ITR 3?ConclusionFrequently Asked Questions...

What is ITR 6? Meaning, Filing Guide & Form Explained

by Shakshi Bharti | Jun 5, 2025

How to Fill ITR 2 Capital Gains in FY 2024-25

by Shakshi Bharti | Jun 5, 2025

Read anything...

What Is TDS | Simple and Quick Explanation

by TeamFinodha | 14 December 2024 | Income Tax Knowledge, Income Tax | 0 Comments

Understand what is TDS (Tax Deducted at Source) means, its role in tax compliance, & how it affects financial reporting and cash flow management for businesses.

Tax Payable on 50 Lakhs Income | Find Out Now

by TeamFinodha | 15 December 2024 | Income Tax Knowledge, Income Tax | 0 Comments

Understand the taxes payable for ₹50 lakhs income, along with tips on managing tax liabilities effectively and exploring possible exemptions.

Income Tax Return Filing Date | Don’t Miss Out

by TeamFinodha | 18 December 2024 | Income Tax Knowledge, Income Tax | 0 Comments

Stay informed about income tax return filing date; deadlines to avoid penalties and interest, ensuring timely submissions and maintaining financial compliance.

Benefits of Filing Income Tax Return | Know Why

by TeamFinodha | 19 December 2024 | Income Tax Knowledge, Income Tax | 0 Comments

Explore the benefits of filing income tax returns, from availing refunds and loans to maintaining compliance and better credit opportunities.

What Is ITR Filing? | Income Tax Filing Simplified

by TeamFinodha | 16 January 2025 | Income Tax Knowledge, Income Tax | 0 Comments

Understand what is ITR filing, a mandatory process for individuals and businesses to report their income and taxes, ensuring compliance with tax laws.

What Is Capital Gain Tax? | Types and Rates

by TeamFinodha | 23 January 2025 | Income Tax Knowledge, Income Tax | 0 Comments

Understand what is capital gain tax and its implications, including short-term and long-term gains. Explore applicable tax rates and how they affect investments

How Much Short-Term Capital Gain Is Tax-Free?

by TeamFinodha | 23 January 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Know how much short-term capital gain is tax-free in India. Discover exemptions and their role in effective financial and tax planning strategies.

Can I File Revised Return After ITR Processed?

by TeamFinodha | 23 January 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Can I file revised return after ITR processed? Learn conditions for filing revised returns and the steps to correct mistakes in your ITR.

Can We Change Tax Regime While Filing ITR?

by TeamFinodha | 23 January 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Understand if; can we change tax regime while filing ITR. Explore the rules for switching between old and new regimes to maximize your tax savings.

How to Save Capital Gain Tax | Tips and Tricks

by TeamFinodha | 23 January 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Discover how to save capital gain tax legally. Explore exemptions and strategies like reinvestments to minimize tax liability on your gains.

Difference Between ITR 1 and ITR 2: Which Form Should You File in 2025?

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Understanding the difference between ITR 1 and ITR 2 is essential for every Indian taxpayer to ensure hassle-free income tax return filing online. The right form choice depends heavily on your income sources, financial profile, and compliance requirements....

Benefits of Filing Income Tax Return | Know Why

by TeamFinodha | 19 December 2024 | Income Tax Knowledge, Income Tax | 0 Comments

Explore the benefits of filing income tax returns, from availing refunds and loans to maintaining compliance and better credit opportunities.

Documents Required for Filing ITR for Business in India 2025

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

How Much Short-Term Capital Gain Is Tax-Free?

by TeamFinodha | 23 January 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Know how much short-term capital gain is tax-free in India. Discover exemptions and their role in effective financial and tax planning strategies.

Income Tax Return Filing Charges in India (2025): How Much Do CA & Online Services Really Cost?

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Filing your Income Tax Return Online (ITR) is a mandatory and important step every taxpayer must undertake. However, a common concern that arises for many is how much charge for ITR filing they should expect and what factors influence these costs. Understanding income...

What is ITR 5? A Comprehensive Guide for Partnership Firms and Similar Entities for AY 2025-26

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

If you are running a partnership firm, LLP, or any other entity and wondering what is ITR 5, this article will clear all your doubts. Simply put, ITR 5 is the Income Tax Return form prescribed for partnership firms, LLPs, associations of persons, and other similar...

What is ITR 6? Meaning, Filing Guide & Form Explained

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

How Much Capital Gain is Tax-Free | Tax Rules Simplified

by TeamFinodha | 11 February 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Find out how much capital gain is tax-free and explore exemptions under income tax laws that can help reduce or eliminate your tax liability effectively.

Why ITR is Important – Understanding the Benefits and Necessity of Filing Tax Returns

by Shakshi Bharti | 5 June 2025 | Income Tax, Income Tax Knowledge | 0 Comments

What is an Income Tax Return (ITR)?Why ITR is Important: 7 Crucial Reasons Explained1. Enhances Your Financial Credibility2. Serves as Proof of Income and Address3. Essential for Visa Applications4. Facilitates Claiming Tax Refunds5. Enables Carry Forward of Losses6....

What is Capital Gain in Income Tax | Comprehensive Overview

by TeamFinodha | 11 February 2025 | Income Tax, Income Tax Knowledge | 0 Comments

Discover what is capital gain in income tax and how profits from asset sales are categorized into short-term and long-term gains, affecting tax liability.