The Income Tax Department has introduced six changes to the ITR-4 (Sugam) form for the Assessment Year 2026-2027, affecting taxpayers who opt for the presumptive taxation scheme under Sections 44AD, 44ADA or…
The August 31 deadline for filing income tax returns (ITR) for non-audit cases is approaching. Livemint reports that freelancers must treat their income as business or professional income under the Income-tax Act.…
The August 31, 2026 deadline for filing income tax returns applies to taxpayers with business or professional income using ITR-3, ITR-4, ITR-5, or ITR-7 who are not required to get accounts audited.…
Social media creators and freelancers earning business or professional income have until 31 August 2026 to file their income tax returns for AY 2026-27, unless a tax audit is required. Livemint reports…
