The Updated Return mechanism was introduced to promote voluntary tax compliance even after the expiry of the belated and ...
ITR filing FY 2024-25: The Income Tax Department has now made available the excel utilities for ITR-2 and ITR-3 forms, enabling individuals with taxable capital gains, crypto income and other ...
by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been ...
Filing ITR can be a daunting task, and mistakes are common. In case someone is still waiting for their tax refund, it's ...
If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...
Those individuals who possess an Aadhaar card obtained on or before October 1, 2025, will have to link it to their respective ...
Usually, it takes 4 to 5 weeks for the refund to be credited to the taxpayer's account. However, if the refund is not ...
The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...
The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...