Five income tax penalties applicable for AY 2026-27 include late Income Tax Return filing fees, revised return charges and ...

A Section 143(1) tax demand does not always mean your ITR is wrong. Here's why taxpayers receive this notice, how to verify ...

Finance Act 2026 amends Section 139 to clarify ITR due dates based on taxpayer category, conditions and nature of income instead of ITR ...

Most married couples will come out ahead by filing jointly, but filing separately may be the better choice for some.

Income Tax Day is celebrated on July 24 every year. The day honors Sir James Wilson, the first Finance Member of British ...

Many taxpayers mistakenly believe they only need to file an income tax return (ITR) if their income exceeds ₹4 lakh. However, ...

A checklist of key ITR filing points covering disclosures, deductions, AIS reconciliation, tax credits, reporting requirements and relevant Income-tax Act ...

Discover what happens if you never file an Income Tax Return in India. Learn about late penalties, tax notices, bank loan ...

First-time ITR filing is easy with JioFinance: plan taxes, upload Form 16, auto-select ITR forms, file DIY or with CA support ...

A common issue arises when taxpayers log into the IT portal only in the final week of July. This is often when mismatches in ...

Discard unverified ITRs to fix errors before the deadline. Learn how this option differs from filing a revised return.