● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date ...

This means taxpayers who missed yesterday’s deadline will now face penalties and other consequences under the Income Tax Act.

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...

For most taxpayers, the real sense of relief after filing an Income Tax Return (ITR) comes only when the refund amount is ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...