Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

In Budget 2025, Finance Minister Nirmala Sitharaman suggested extending the timeframe for submitting revised income tax ...

Filing your Income Tax Return (ITR) is an important obligation for every taxpayer in India. However, if you miss this deadline, it’s crucial to understand the consequences, including potential ...

Union Budget 2025 has proposed to extend updated return filing period to 48 months; understand the rules, benefits, and ...

T Department's SMS to salaried taxpayers is meant to provide clarity on TDS deductions. However, some individuals may have misinterpreted the message and are wondering if they owe additional taxes.

Now, you have more time to settle disputes with lower tax payments – Details One major loss for taxpayers under the old tax regime is that they will now have to file the ITR under the new tax ...

ITR-U is a form that lets taxpayers update their income tax returns if they missed filing the original or belated return or ...

Failure can lead to a loss of opportunity to file or revise your return for AY 2024-25 and additional penalties.

The Central Board of Direct Taxes has extended the deadline for resident individuals to file their belated or revised ITRs for the Assessment Year (AY) 2024-25 ...

Did you miss reporting a particular income while filing your income tax return (ITR) a few years ago -- say three years ago? You do not need to fret over this anymore since you can file a fresh ...