When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...

The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...

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

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

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 ...

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

If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that ...

The Central Board of Direct Taxes (CBDT) has enabled updated income tax return (ITR-U) filing via ITR-3 and ITR-4 forms on the e-filing ITR portal for AY 2021-22 and 2022-23. This ITR-U return via ITR ...

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.