Taxpayers remain unable to claim the Section 87A rebate on STCG income due to outdated ITR processing logic, even after ...

The Income Tax Department can condone a delay in filing an ITR after the deadline lapses. If the department gives the nod, ...

To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...

Submit proofs promptly to reduce TDS, maximise tax savings, and ensure smooth compliance before filing your ITR.

The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...

It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...

"Taxpayers can currently only file belated or revised returns, excluding new filings that incorporate the 87A rebate. The ...

Failing to file your original or revised ITR by the deadline can result in penalties. If you miss the December 31 deadline, ...

Taxpayers must note that there is a penalty of Rs 5,000 imposed upon filing. For individuals with taxable income below a ...

Taxpayers who file ITR after the deadline are fined Rs 5,000. For taxpayers with an income less than Rs 5 lakh, this penalty ...

CBDT extends the deadline for revised ITR filing to January 15, 2024. Late fees apply. GST annual return deadline remains 31.

The main deadline to file ITR forms to claim refunds is generally July 31st every year, however, a window is open for late ...