The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

ITR filing FY 2024-25: The Income Tax Department has now made available the excel utilities for ITR-2 and ITR-3 forms, enabling individuals with taxable capital gains, crypto income and other ...

The Income Tax Department has notified the income tax return (ITR) forms for the financial year 2024-25 (assessment year 2025-26). This year's ITR forms have been updated to incorporate the income-tax ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ...

Taxpayers face mandatory tax payment when correcting 80G PAN errors under Section 139(8A). Experts suggest allowing corrections without tax if no liability exists to simplify ITR-U ...

Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR ...

As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...

I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...