Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...
In keeping with the spirit of Jan Vishwas, ease of living, and to reduce the burden of litigation and compliance, Budget 2026 ...
It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...
Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.
The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...