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tax filing

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ITR Filing FY 2025-26: Top 10 Mistakes High-Net-Worth Taxpayers and Executives Must Avoid Business
Economy #income tax#tax filing

ITR Filing FY 2025-26: Top 10 Mistakes High-Net-Worth Taxpayers and Executives Must Avoid

Business Today outlines 10 critical ITR filing mistakes for FY 2025-26, emphasizing that pre-filled returns are not ready-to-file. High-income taxpayers, especially those with capital gains or foreign assets, face heightened scrutiny. ClearTax CEO Archit Gupta warns that careful review can prevent tax notices and refund delays.

Jul 8, 2026 1 source
ITR Filing FY 2025-26: Essential Document Checklist and Penalty Risks for Finance Professionals Finance
Banking #tax filing#itr

ITR Filing FY 2025-26: Essential Document Checklist and Penalty Risks for Finance Professionals

With the July 31 ITR filing deadline approaching, taxpayers must gather critical documents including Form 16, AIS/TIS, and Form 26AS. Late filing incurs penalties of ₹1,000 to ₹5,000, and those opting for the old tax regime may lose benefits if they miss the due date.

Jun 14, 2026 2 sources