Taxpayers who have spotted mistakes in their income tax returns for income earned during the 2024–25 financial year are watching the calendar closely. The deadline to file a revised income tax return ...
Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 ...
The ITR filing season for Assessment Year (AY) 2026-27 has officially begun, and salaried employees, pensioners, freelancers, professionals, and businesses across India are now preparing to file their ...
The Income Tax Department has activated both the online and Excel utilities for filing Income Tax Returns (ITR) for Financial ...
Taxpayers now get three extra months to correct mistakes in originally filed income tax returns. The revised return mechanism remains useful for correcting errors like missed income, deduction ...
Finance Minister Nirmala Sitharaman announced staggered ITR deadlines while presenting the Union Budget 2026 on 1 February ...
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 ...
The Excel utilities on the income tax e-filing portal are designed to help taxpayers prepare their returns offline in a structured manner before final submission. Taxpayers should ...
Did our AI summary help? December 31 is the last day for taxpayers who have not yet filed their income tax returns for the current assessment year 2025–26. From tomorrow onward, friendly routes close, ...
Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small businesses, with no change in tax slabs.
The revised ITR-3 form introduces stricter disclosure and reconciliation requirements for traders, freelancers and ...
The Income Tax Department has revised ITR forms for FY 2025-26, introducing new disclosure requirements for capital gains, trading, and foreign assets. These updates aim to simplify filing for various ...