When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...
The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ...
With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated ...
The Income Tax Department is stepping up scrutiny on tax returns, leading to delays in refunds for many taxpayers. A NUDGE ...
The Income Tax Department is reportedly sending alerts to taxpayers for AY 2025-26, placing refunds on hold due to ITR ...
“If no return is filed by December 31 of the relevant assessment year, the taxpayer loses the option to file an original or ...
Taxpayers claiming incorrect refunds face potential delays in their income tax refunds. The Income Tax Department is ...
Opportunity Given to Fix Returns: Analytics spotted questionable donation deductions and other exemptions. Taxpayers can ...
The notices have been issued under Section 142(1) of the Income-tax Act, which empowers the department to seek information or ...
More than 73 lakh taxpayers are still waiting for their income tax returns to be processed for AY 2025-26. With December 31 ...