When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...
Many taxpayers are still waiting for their income tax refunds, even after filing returns well before the July 31 deadline. To ...
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.
While filing an income tax return, it’s common for taxpayers to miss some details or make small errors such as incorrect ...
If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
If ITR is not processed by December 31, 2025 then you can’t file revised ITR; Here’s what you can do if you have a tax refund ...
by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...
With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated ...