ITR Filing, April 13 -- The tax season has officially started now with the Income Tax Department recently notifying the Income Tax Return (ITR) forms for AY 2026-27 for ITR filing. Salaried and individual taxpayers are required to file their ITRs by 31 July, 2026, for AY 2026-27.

Salaried taxpayers will be able to file their taxes once they receive their Form 16 by 15 June, 2026. As we enter the ITR filing season, it is important to know that the tax laws of India still allow you to claim deductions against capital gains.

Using these deductions, taxpayers can effectively reduce the amount of tax they are paying to the government. Certain deductions can also be claimed under various sections of the Income Tax Act in cases of capital gain...