Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...
Hosted on MSN
Missed the ITR Filing Deadline? Here’s What Happens If You Don’t File Your Return on Time
If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...
Hosted on MSN
ITR filing after due date: Do you need to pay a late fee even if you have nil tax liability?
Once the deadline for filing the Income Tax Return (ITR) has passed, taxpayers have the option to submit a belated ITR till December 31, 2025, but they will incur a late fee. It’s important to note ...
Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...
The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...
A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document checklist, offline utility details, and the new extended filing deadline.
The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.
AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results