“If no return is filed by December 31 of the relevant assessment year, the taxpayer loses the option to file an original or ...
When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that ...
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...
If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...
People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.
Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.
Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that the main reason is extra scrutiny of suspicious claims, especially in ...