With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

Missed income disclosures after the December deadline? The updated return offers a second chance—but only if it results in ...

India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

his usually happens due to excess TDS, advance tax, or self-assessment tax. Once your return is processed by the Income Tax ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

For most taxpayers, the real sense of relief after filing an Income Tax Return (ITR) comes only when the refund amount is ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and lost tax benefits, missing the ITR deadline makes compliance more ...

A Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax return. He failed to claim TDS deducted on the sale of his Rs 2 crore Indian ...

ET Wealth Reader's Query: After retiring from a public sector bank, I transitioned to teaching at various MBA institutes in ...