New Delhi: The Income Tax Return (ITR) filing season is underway for Assessment Year 2024–25, and the Income Tax Department has extended the deadline to September 15, 2025. Filing ITR is mandatory if ...

In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The tax rates for individuals in India ...

ITR refund late? Check your income tax refund status online using PAN. Learn the simple steps and common reasons for refund ...

Income Tax: Did you miss out on something when filing the income tax return (ITR) for AY 2025-26? If that is the case, you can file an updated return. For those who are not aware, an updated income ...

The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer ...

Taxpayers and pensioners must complete mandatory tasks like ITR filing and Aadhaar-PAN linking by year-end to avoid penalties ...

The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...

ITR Filing: After filing and submitting the income tax returns (ITR), many taxpayers wait for their income tax refunds, especially when they paid more income tax than required. Around 10 days have ...

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The legal heirs of a deceased person ...