Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...
The Income Tax Department has rolled out the new Income Tax Return (ITR) forms for Assessment Year (AY) 2025–26, covering income earned in the financial year 2024-25. The changes in ITR filing for FY ...
India’s new Income Tax law will simplify ITR filing from 2027 with pre-filled returns, crypto disclosure and changes to PAN rules.
The due date for filing of income tax return for non-audit taxpayers, who are required to fill ITR-1 and ITR-2, for assessment year 2026-27, will be July 31, 2026. For ITR-3 and ITR-4, the due date is ...
The Income Tax Department is expected to release updated Income Tax Return (ITR) forms for the financial year 2025–26 in the ...
Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...
Budget 2026 introduces major income tax rule changes, including extended ITR revision deadlines, reduced penalties, wider ...