Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...
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 ...
In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...
Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
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 ...
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
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