Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and boosting transparency for taxpayers ...

Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...

Check out ITR Filing 2026 deadlines for FY 2025–26 and AY 2026–27, covering key income tax return due dates, revised filing ...

Not filing an ITR leads to missing out on refunds where TDS was already deducted on FDs, salary, or freelance income.

, , , , AIS Form 26AS check, tax deductions India, self assessment tax, i, tax planning guide, ITR filing errors ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to ...