When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
The deadline for Income Tax Return (ITR filing) for Assessment Year (AY) 2025-26 was extended twice this year. Earlier in May, the due date was extended by 46 days till September 15. After this, ...
ITR filing FY 2024-25: The Income Tax Department extended the ITR filing deadline or due date for AY 2025-26 to September 15, 2025. Filing after this date incurs penalties. The article provides a step ...
If you haven’t filed your Income Tax Return yet, December 31 is your final chance to claim your income tax refund. Missing ...
Tax experts say correcting mistakes proactively can help taxpayers avoid scrutiny notices, interest costs and prolonged ...
Income Tax Department urges taxpayers with pending refunds to file revised returns by December 31, 2025 for corrections, possibly with extra tax.
The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...
The CBDT had extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits.
ITR Filing: After filing and submitting the income tax returns (ITR), many taxpayers wait for their income tax refunds, especially when they paid more income tax than required. Around 10 days have ...
If your annual income is less than ₹5 lakh and you file a belated ITR now, you will have to pay a late fee of ₹1000. Those with an income of ₹5 lakh or more will have to pay a late fee of up to ₹5000.