ITR filing if you own more than one flat and pay EMI for the loan taken

I have a building which has three small independent flats. All the flats have been given…

How is royalty received from book sales treated for income tax?

Can marginal income/royalty received on book sales from an Indian publisher be shown under other income…

Tax filing picks up pace, more than two lakh returns are being filed in an hour

New Delhi: Filing of income tax returns in the new portal is expediting, with nearly 33…

I have sold a plot. Can I file income tax return under ITR 1?

I am a pensioner and am filing ITR 1 regularly. In the financial year 2020-21, I…

Income Tax Return: Do you have to disclose assets in your ITR?

In order to detect cases of disproportionate increase in assets as compared to known source of…

Filing Tax Returns This Year: What Has Changed

Every year, there are some changes which are included in the form issued for filing income…