How to Switch Tax Regime?
You can choose between the Old and New tax regimes based on what works best for your income and deductions. You can switch regimes at the time of filing your ITR.
Related Articles
Choosing the Best Tax Regime?
With frequent changes to both the Old and New Income Tax Regimes, it’s essential to ensure you're choosing the one most beneficial for your situation. The Regime Analyzer helps you compare both regimes and pick the one that gives you maximum tax ...
Understanding Tax Computation Report
A tax computation report is a summary of your tax return. It is divided into four main sections: Personal details - Name, PAN, email, etc. Income tax return details - Return type, regime, filing date, acknowledgment number. Tax computation summary - ...
Report Form-10IA details in Tax Return
If you or your dependent has a specified disability like autism, cerebral palsy, or multiple disabilities, you may be eligible for a flat deduction under Section 80U or 80DD. To claim it, you’ll need to file Form 10-IA as proof. This form must be ...
How to change your ITR form
Individuals can file their income tax returns (ITR) using one of four forms, depending on their income and financial situation. In this guide, we’ll explain how to switch to the correct ITR form when filing your return. Steps to change ITR form on ...
Autofill Tax Credits from Income Tax Department
If you've paid Advance Tax, had TDS (Tax Deducted at Source) deducted, purchased a car (which involves TCS - Tax Collected at Source), or made a Self-Assessment Tax payment while filing your ITR — all of these can be claimed under Tax Credits. ...