If you haven't filed your Income Tax Return (ITR) for the financial year 2024-25 (FY25), there's no need to panic. Even if ...
Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...
Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...
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You could fall victim to a scam in the name of ITR filing: One click could empty your bank account! How to protect yourself.
The time of ITR filing is crucial for every taxpayer. People fill out their income, investment, and tax details online. This ...
From April 1, 2026, India’s new Income-tax Act, 2025 will reshape how taxpayers file their returns. While ITR-1 to ITR-7 remain, the draft Income-tax Rules, 2026 tighten eligibility for simplified ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...
India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...
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Budget 2026 brings big relief with revised ITR, updated returns and immunity from prosecution
Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...
Finance Minister Nirmala Sitharaman clarified this during her Budget speech, saying that only specific taxpayers would get extra time, while most individuals would continue to follow the existing ...
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