ITR Filing Due Date Extension, ITR Filing 2025: The notified ITRs for AY 2025-26 have undergone structural and content revisions aimed at simplifying compliance, enhancing transparency, and enabling ...
India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
As per the Income Tax Department guidelines, it generally takes 4 weeks to 5 weeks to credit a refund to a taxpayers account.
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or reporting errors may think they have no option left. That is not true.
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.
● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...
An income tax refund delay can be frustrating, especially when everything seems in order. From data mismatches to bank ...
These can increase your tax liability and also result in penalties, fines and notices from the tax department.
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...