The income tax return (ITR) filing season for 2025 has begun, with taxpayers preparing for the financial year 2024-25. The ...

Income below Rs 5 lakh incurs a Rs 1,000 penalty, while incomes over Rs 5 lakh may result in penalties up to Rs 5,000.

With ITR Forms 1 to 7 now notified by the Central Board of Direct Taxes (CBDT), taxpayers are eagerly waiting for the ...

While all seven ITR forms (ITR-1 to ITR-7) and even the updated ITR-U form are ready, the filing process can't begin until ...

Income tax return is one of the most crucial processes that is done annually. Missing the deadlines can have serious ...

MUMBAI : Many Indians prefer to act early, reaching the airport well ahead of time and getting out of the aeroplane as soon ...

Delhi High Court allows taxpayer to file revised ITR, setting aside PCIT order that rejected condonation request over clerical error in original return; Delhi HC Sets Aside PCIT Order on Tax Return; ...

Decoded: As the Income Tax return filing season has begun, here are all the answers to most basic questions related to ITR ...

The ITR e-filing utilities for AY 2025-26 (FY 2024-25) have not yet been made available on the Income Tax Department's portal. The Central Board of Direct Taxes (CBDT) has notified the revised ...

U, a provision allowing taxpayers to file updated tax returns within four years of the relevant assessment year. The Finance ...