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 ...
The Income Tax Department has said that the Non-intrusive Usage of Data to Guide and Enable (NUDGE) campaign aims to encourage taxpayers to voluntarily review their deduction or exemption claims that ...
Taxpayers can claim deductions not reported to employers while filing their income tax returns, even after the employer's TDS ...
If ITR is not processed by December 31, 2025 then you can’t file revised ITR; Here’s what you can do if you have a tax refund ...
People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...
Taxpayers claiming incorrect refunds face potential delays in their income tax refunds. The Income Tax Department is ...
The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS ...
Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...
For returns filed for the current assessment year, the outer limit for processing is December 31, 2026. If the CPC fails to ...