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Last Updated:March 15, 2026, 12:29 IST March 15 is the deadline for the final advance tax installment for FY 2025–26. Salaried individuals with extra income may need to pay. Advance Tax payment due today March 15 is the last date for paying the final instalment of advance tax for the financial year 2025–26. Taxpayers who…
Last Updated:October 29, 2025, 2:42 PM IST Mutual fund units are capital assets under Section 2(14) of the Income Tax Act. Gifts above Rs 50000 are taxable unless received from a relative. Mutual Fund The financial instrument mutual fund units come under the ‘capital asset’ of the holder. According to the provisions of Section 2(14)…
Last Updated:August 15, 2025, 10:07 is The tax department announced Updated Returns (ITR-U) for AY 2021-22 and AY 2022-23 for ITR-3 and ITR-4. ITR-3 is for business income, ITR-4 for presumptive taxation. Income Tax Return Filing 2025 Income Tax Filing 2025: The tax department has announced that the facility for filing Updated Returns for AY…