Filing income tax returns (ITR) can often seem confusing, especially for salaried employees unsure about their income details and tax deductions. But thanks to advancements like the Digital Form 16 , ...
The Income Tax Department has released all income tax return (ITR) forms for the assessment year 2025–26. However, salaried individuals may need to wait until mid-June to submit their returns. This ...
The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...
Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...
In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
ET Online Missed the December 31, 2025 deadline to file revised ITR? Here’s what to do in tax refund cases (AI generated ...
This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...
The Updated Return mechanism was introduced to promote voluntary tax compliance even after the expiry of the belated and ...
As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...
Taxpayers and stakeholders must note that the revision window for filing a revised or belated ITR closes on Dec 31. After ...
Taxpayers can claim deductions not reported to employers while filing their income tax returns, even after the employer's TDS ...