● 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 ...
Income Tax Return, ITR Filing: This means taxpayers who missed yesterday’s deadline will now face penalties and other ...
India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...
Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...
Refunds are being delayed due to mismatches, unverified returns or clarification notices. Here’s what your notice means and ...
The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...