Updated tax rules, including pre-filled forms and flexible return filing, aim to reduce errors and ensure seamless compliance ...

Recent tax updates, including revamped Form 26AS, pre-filled ITRs, flexible returns, expanded TDS/TCS, higher deductions, and ...

The 2024-25 income tax return filing deadline has been extended due to technical issues with claiming the Section 87A rebate.

File your income tax return by December 31 to avoid penalties, jail term, and higher TDS rates. Be compliant to avoid ...

5. Failure to submit investment proofs: To understand the chronology, one must first declare the investments to the employer ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

The new tax regime (NTR) lets you compute your income tax at a lower rate slab, but it renders you ineligible to claim most ...

To give individual taxpayers more savings under the new tax regime, the government changed the income tax slabs. The ...

The last date to file a belated or revised ITR for FY 2023-24 is December 31, 2024—ensure all dues and penalties are paid to ...

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July ...

The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to help taxpayers reconcile discrepancies ...

The Bombay High Court has asked the Central Board of Direct Taxes (CBDT) to extend the deadline for filing revised and ...