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 ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...
Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...
Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...
Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...
December 31, 2025, marks a decisive cut-off for Indian taxpayers who are yet to regularise their income tax filings for the current assessment year. It is the final day to file both belated and ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
Rather than extending broad-based tax cuts, Budget 2026 eases compliance requirements, rationalises TCS and offers relief on ...
New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1 ...
Income Tax Refund Status LIVE Updates: The Income Tax (I-T) Department's deadline given to taxpayers to file their revised ITRs is now in focus of the people of the nation in case they have made ...
The Income Tax Department provides taxpayers a window to correct errors or fill gaps in their income tax returns through revised or belated filings under the provisions of the Income Tax Act. This ...