Tax season can feel like a maze, especially with the alphabet soup of ITR forms on offer. But filing your Income Tax Return (ITR) right and on time isn’t just a civic duty; it’s a shield against ...
The Income Tax Department has released the Excel utilities for ITR Forms 1 and 4 for AY 2025â 26. Eligible taxpayers can now download them from the official portal and start preparing their returns ...
With the department’s increasing reliance on technology and artificial intelligence to track discrepancies, filing carelessly may prove costly.
With the ITR filing deadline extended, taxpayers are expected to get some relief as they will be able to file their taxes ...
ITR filing deadline is September 15. Will it be extended? Learn about possible extensions, late filing penalties, and what to do.
As per officials, the extension was needed because of major changes in ITR forms and the time required to update the filing system. Also Read: ITR Filing: New TDS/TCS statement correction deadline; ...
Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...
Taxpayers who filed their income tax returns are waiting for refunds post the September 16 deadline. The income tax ...
While you can file belated returns by December 31, 2025, not adhering to the September 15 deadline will attract late-filing fees of Rs 1,000–Rs 5,000, besides other restrictions ...
Filing your Income Tax Return (ITR) is not only a legal obligation but also an important step in maintaining financial discipline and transparency. For Assessment Year (AY) 2025-26, the Central Board ...
He deposited money in NRE bank a/c; tax dept issued him notice, he filed case in Gujarat High Court and wins due to this ...