ITR Filing Due Date Extension: The deadline to file your income tax return (ITR) ends today, 15 September, with the income tax department confirming in a post on X that there will be no extension to ...
If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...
Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 approaching, experts advise acting early to avoid higher penalties and ensure ...
The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.
A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document checklist, offline utility details, and the new extended filing deadline.
Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...
The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...
Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with applicable interest and additional tax. Filing updated returns (ITR-U) under ...
The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...
The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey revealed suppression of sales amounting to Rs 408 crore. Restaurants are urged to ...
Raghav Chadha, MP from the Aam Aadmi Party, spoke in the Rajya Sabha during the debate on the Union Budget, presenting ...