Capital Gains Tax in India 2026: Types, Tax Rates, Calculation & Tax Saving
Capital gains tax applies to profits arising from the transfer of capital assets such as land, buildings, shares, mutual fund units, gold and certain other investments.
What Is a Belated Return? How to File, Penalty & Due Date Explained?
In simple words, a belated return is the income tax return you file after the original deadline has passed but before the final cut-off date allowed by law. It is governed by Section 139(4) of the Income Tax Act, which specifically deals with belated itr filing income tax return cases.
Income Tax Refund: How to Claim & Track Status? FY 2025-26
In simple words, an Income Tax Refund is the money the government returns to you when you have paid more tax than what you actually owe. For example, if your employer deducted TDS of Rs 25,000 during the year, but your actual tax liability turns out to be only Rs 18,000, then the difference of Rs 7,000 becomes your tax refund income.
15 Common Tax Filing Mistakes to Avoid in 2026
It is that time of the year again. The Income Tax Department has opened the ITR e-filing portal, your employer has issued Form 16, and your phone is buzzing with reminders. But before you rush to click Submit, stop and read this.