Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.

Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...

The Income Tax Department has launched an offline utility for filing ITR-1 (Sahaj) and ITR-4 (Sugam) in an Excel format for AY 2025-26 (FY 2024-25). The utility allows employees, pensioners, ...

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 ...

Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...

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

Reliable tax calculators make filing for AY 2025-26 easier and more transparent. They offer precision, speed, and clarity ...

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

Highlights the legal obligations of timely ITR filing, penalties for delays, and the benefits of maintaining a clean financial ...

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 ...

ITR Refund processing begins only after a person's ITR has been successfully e-verified and the PAN card is linked with ...

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