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 , ...
With the department’s increasing reliance on technology and artificial intelligence to track discrepancies, filing carelessly may prove costly.
Chartered accountants and income taxpayers looking to file their income tax return (ITR) for the financial year 2024-25 (assessment year 2025-26) have been facing issues with accessing their annual ...
If last-minute filing led to errors in your income tax return, don’t panic—there’s still a way to make corrections.
One of the most prevalent errors is selecting the incorrect ITR form. For instance, many taxpayers mistakenly choose ITR-1 when their income type necessitates the use of ITR-2 or ITR-3. This misstep ...
As the September 15 deadline nears, last-minute ITR filers should be aware of key updates, including changes in deductions, ...
The Finance Ministry announced the one-day extension very late at 11:48 PM on September 15-while also scheduling portal ...
Taxpayers await income tax refunds after the September 16, 2025, deadline. E-verification starts the refund process. Refunds ...
The CBDT had extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits.