Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...
Filed Wrong ITR in 2025? Here’s How to Correct Mistakes Without Paying Penalty Before December 31 The deadline to file Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) ...
ITR filing season: If you have made a mistake in your ITR then there is a new option called 'Discard ITR'. You can easily make changes by using this option. You can only use this Discard feature only ...
A potential glitch in the Income Tax Return (ITR) utility is raising red flags among chartered accountants, who warn that if left uncorrected, it may lead to incorrect interest calculations under ...
Part A of AIS displays general information about you, including PAN, masked Aadhar number, name of the taxpayer, date of birth/ incorporation/ formation, mobile number, e-mail address, and address of ...
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...
ITR Filing Deadline, January 15, 2025: Taxpayers who have not filed their belated or revised Income Tax Return or ITR for the financial year 2024-25 have a narrow chance to do the same on Wednesday, ...
File ITR yourself without the help of a CA: Easy step-by-step guide for the common man (AI generated image) Is it necessary to go to a chartered accountant (CA) every time to file your income tax ...
The Income Tax department has launched a new facility called 'e-filing Lite' portal for quick and easy e-filing of ITR The 'Lite' portal is focussed only on ITR filing Filing of ITR will take less ...
New ITR Filing Deadline FY 2024-25: In a major relief to taxpayers, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the assessment year 2025 ...