Filing income tax returns (ITR) can often seem confusing, especially for salaried employees unsure about their income details and tax deductions. But thanks to advancements like the Digital Form 16 , ...
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...
New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...
Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...
Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...
The CBDT has also advised taxpayers to file a revised ITR in case they had made possible errors in their filing ...
Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...
ITR Refund processing begins only after a person's ITR has been successfully e-verified and the PAN card is linked with ...