From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...
Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...
Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...
Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some ...
This means taxpayers who missed yesterday’s deadline will now face penalties and other consequences under the Income Tax Act.
The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.
Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant ...
In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...
Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...
The issue concerned condonation of delay in filing an ITR under Section 119(2)(b). The court upheld rejection, holding that ignorance of law and general reasons do not amount to genuine ...
ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...