Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...

Submit response with supporting proof such as challans, Form 16, etc.

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...

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

Handling income tax returns for a deceased person can be challenging for grieving families., Personal Finance, Times Now ...

The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...

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

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

With multiple tax compliances due this month, December demands careful attention from individuals and businesses alike. These ...

There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...

The ITR filing date for FY 2024–25 was extended twice, first by 46 days to September 15, and then by an additional 24 hours, ...