While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...
The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...
When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ...
If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...
The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR ...
With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated ...
“If no return is filed by December 31 of the relevant assessment year, the taxpayer loses the option to file an original or ...