When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...

The Income Tax Department has released the Excel utility versions of Income Tax Return (ITR) Forms 1 and 4 for the Assessment Year 2025–26. These tools are now available for download on the official ...

With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated ...

I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.

CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...