Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1 ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 or ITR-2 will still have to submit their returns by this deadline, as no ...
Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...
Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.