It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...
Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...
With an organised approach, investors can seamlessly navigate tax filings, stay compliant, and avoid unnecessary penalties, ...
As the financial year 2024-25 comes to a close, many taxpayers may wonder whether they can file their Income Tax Returns (ITR ...
The current deadline to file an updated ITR for FY 2021-22 (AY 2022-23) is March 31, 2025. In her eighth budget speech on ...
Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...
In the Budget 2025-26 announcement, Finance Minister Nirmala Sitharaman shared the proposal of extending the period for ...
You might be wincing at the thought of having to prepare another tax return this filing season because your child earned some money, but there may be a few shreds of silver lining. “We file a ...
The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...
Taxpayers have two years from the end of the relevant assessment year to voluntarily correct errors or omissions in their ...
Even after the due date, you can revise a return and change the tax regime, but only if the original ITR was filed by the due date of filing. In my opinion, you can file a revised ITR to correct ...
Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing ...