ITR-2 : Who Can File, Due Date, How to File for FY 2025-26 (AY 2026-27)
ITR-2 : Who Can File, Due Date, How to File for FY 2025-26 (AY 2026-27)
1 month ago
cleartax.in
CalFile | FTB.ca.gov
CalFile | FTB.ca.gov
3 months ago
ca.gov
“I don’t need to file my ITR this year. There’s an exemption up to ₹12 lakh.” ❌ This is WRONG and could cost you ₹5,000 in penalties! The Reality Check: → The ₹12 lakh relief is NOT an exemption - it’s a REBATE → This rebate applies only from FY 2025-26 (next year) → For current year FY 2024-25, rebate is available only up to ₹7 lakh income Current Year Facts (FY 2024-25): ✅ Income > ₹7 lakh → Tax calculated from ₹3 lakh onwards ✅ ITR filing is MANDATORY if income > ₹3 lakh (even if no tax payab
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