If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...

The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.

ITR Filing Due Date Extension: The deadline to file your income tax return (ITR) ends today, 15 September, with the income tax department confirming in a post on X that there will be no extension to ...

A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document checklist, offline utility details, and the new extended filing deadline.

Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with applicable interest and additional tax. Filing updated returns (ITR-U) under ...

Budget 2026 introduces major tax rule changes from April 2026 including the new Income Tax Act 2025, TCS revisions, STT hike, revised ITR deadlines and buyback taxation changes.

The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey revealed suppression of sales amounting to Rs 408 crore. Restaurants are urged to ...

The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...

If you are still waiting for your income tax return (ITR) to be processed or for your refund to arrive, you are not alone. The government has informed Parliament that more than 24.64 lakh income tax ...

Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...

Raghav Chadha, MP from the Aam Aadmi Party, spoke in the Rajya Sabha during the debate on the Union Budget, presenting ...