Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some ...

The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

The year 2025 is ending today. Along with it, three very important deadlines are also ending today, and some major changes ...

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant ...

Here is a list of the most important personal finance money rule changes that will come into effect from January 1, 2026, ...

If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the ...

The Income Tax Department sends these messages as part of its risk management process to ensure accuracy in tax filings.

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

The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.

If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...