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

Failing to file your original or revised ITR by the deadline can result in penalties. If you miss the December 31 deadline, ...

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.

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

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

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

The 2024 income tax reforms introduces revised tax slabs, higher deductions, and simplified TDS and capital gains rules, ...

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

Tax season can be stressful, especially when you miss the deadline for filing your Income Tax Return (ITR). The original ITR ...