Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing of belated or revised tax returns as ...

This extended deadline has allowed taxpayers to file their Income Tax Returns through the first two weeks of 2025 as well.

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

Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

Taxpayers can now file an online application for rectification of their ITR if it was incorrectly processed. However the ...

One must note that prior to issuing a refund, the Income Tax Department must ensure that certain criteria are met. One of the ...

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

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

New feature added to the ITR portal streamlines rectification process, which previously required manual submissions and was ...

We look at how to file your delayed ITR online and what happens if you miss it. The deadline for filing ITR for assessment year (AY) 2024-25 for FY24 was July 31. The process for filing a belated ...

If a client is trading heavily in F&O, commodities, or currency derivatives. Accounts with substantial leverage or ...