ITR Filing 2024-25 Last Date: A last date is approaching for filing Income Tax Return (ITR) for this financial year 2024-25. This is very important for taxpayers to keep in mind. This time, the ...

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

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.

Central Board of Direct Taxes (CBDT) has notified ITR-U (updated), a form that allows taxpayers to rectify errors or omissions and file your previous Income Tax Return. ITR (U) was introduced under ...

Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

New Delhi: Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will replace the Income-tax Act, 1961, which has been in place for ...

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.

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...

The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...