Arrears can include salary, pension, rent, or other types of income that were delayed.
Senior citizens, defined as residents aged 60 years or above but less than 80, have different criteria for filing an ITR.
The Supreme Court declared the government's electoral bonds scheme unconstitutional.
Mutual fund holders and equity investors must act swiftly to provide nominations or opt out before December 31.
Under Section 44AD, individuals adopting the presumptive taxation scheme can declare a deemed minimum income.