Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.
This means taxpayers who missed yesterday’s deadline will now face penalties and other consequences under the Income Tax Act.
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...
Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...
Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant ...
In this financial year, my short-term gains have exceeded Rs 50,000. How should I file my ITR?