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

ITR-1 and ITR-4 are simpler forms that cater ... utilities from your e-filing income tax account. Once the required details are filled in the offline utilities, the same is required to be uploaded ...

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 ...

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.

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 ...

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 ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...

Note: To avoid loss of data/rework due to session time out, click on ‘Save Draft’ button periodically to save the entered ITR details as a draft. The saved draft will be available for 30 days ...

You need to enter all the details in a specified form—ITR Form U—for filing an updated return. In addition, you will have to specify the reason behind the need to file an updated return.

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 ...

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.