ITR Filing 2024-25 Last Date: A last date is approaching for filing Income Tax Return (ITR) for this financial year 2024-25. This is very important for taxpayers to keep in mind. This time, the ...
The clock is ticking for taxpayers in India as September 15, 2025, marks the final day to file the Income Tax Return (ITR) for the financial year 2024–25 (assessment year 2025–26). If you haven’t ...
The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.
Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 approaching, experts advise acting early to avoid higher penalties and ensure ...
Budget 2026 introduces major tax rule changes from April 2026 including the new Income Tax Act 2025, TCS revisions, STT hike, revised ITR deadlines and buyback taxation changes.
Rajya Sabha MP Raghav Chadha has proposed allowing married couples to file joint income tax returns in India. The move, he argues, could reduce the tax burden on single-income families and ensure ...
Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...
As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income ...
The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...
The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey revealed suppression of sales amounting to Rs 408 crore. Restaurants are urged to ...