The File Now, Pay Later feature of the Income Tax Department allows taxpayers a breather before submitting their due taxes. Individuals can...
Individuals may receive a notice from the Income Tax Department if they have concealed their income, claimed incorrect deductions or have any...
An updated return can be filed at any time within 24 months from the end of the relevant assessment year. Updated Return: The...
The Income Tax Return (ITR) filing deadline for the financial year 2022-23 (assessment 2023-24) was July 31. The new assessment year 2023-24...
Income Tax Notice News: Experts say that missing or filing income tax return after the due date, filing it incorrectly, and claiming an...
The ITR refund is normally issued within 7 to 120 days of the day the return was filed. ITR Refund Status: The deadline for...
The AIS continues to update even after you have already filed your returns and any mismatch detected during processing of your ITR...
In July, which is the last month of I-T return filing, over 5.41 crore returns were filed, taking the total number of...
If you missed the July 31 deadline to file your income tax return (ITR), don’t panic. You still have three options: file...
Section 80C of the Income Tax Act, 1961, is one of the most commonly used sections for claiming tax deductions. Under Section...