Tax refund delays can often stem from mistakes made by taxpayers. Make sure to double-check your Income Tax Return (ITR) ...
Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, collected at the time of purchase, can be claimed back by filing your ...
In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...
Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...
Taxpayers and pensioners must complete mandatory tasks like ITR filing and Aadhaar-PAN linking by year-end to avoid penalties ...
Income Tax: There are certain scenarios in which you can file a revised return, but these do not include the filing of a ...
Also, those who are required to get the rent receipt and rent proof while filing the income tax return or for other purposes, they don't get any as the rent is submitted to the landlord in cash.
December 31, 2025 is the final deadline to file a belated or revised ITR for FY 2024–25. After this date, taxpayers can only ...
Colorado Gov. Jared Polis sent a letter this week to the U.S. Treasury Department calling on it to undo its suspension of the ...
PAN–Aadhaar linking is mandatory by 31 2025. From 1 January 2026, unlinked PAN cards will become inactive, affecting ITR ...
December has become a make-or-break month for taxpayers, pensioners and PAN holders, with several critical compliance ...