Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
Budget 2026 has changed how ITR deadlines work. Filing dates will now depend on the ITR form used. While salaried taxpayers ...
The Budget 2026 introduces significant penalties for correcting past income-tax errors with the updated Income Tax Return ...
It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...
With the Income Tax Return (ITR) deadline of September 15, 2025, just around the corner, the Income Tax (I-T) Department has released Excel Utilities to help taxpayers file updated returns for ...
his usually happens due to excess TDS, advance tax, or self-assessment tax. Once your return is processed by the Income Tax ...
After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...
India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
The Finance Bill, 2026 proposes extending the revised return filing window to twelve months. This gives taxpayers more time to correct mistakes, even after filing belated ...
Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.