AY 2025-26 can be filed till December 31 2025. Tax expert explains ITR-U helps correct errors but cannot reduce tax or claim ...

The Tribunal rejected the Revenue’s appeal against deletion of a ₹63.84 lakh addition under Section 68, observing that the assessee had already declared the same transactions as sales in audited ...

After the extension by CBDT, the revised deadlines for submitting audit reports and ITR are November 10 and December 10, ...

ITR recognized Deloitte for distinction across several categories, including technology, policy and transfer pricing ...

Taxpayers often make minor mistakes while filing their ITR, such as omitting an income item, incorrectly listing a deduction, ...

The TNPSC Group IV exam was held on July 12, 2025, and candidates are now eagerly waiting for the results. Once released on ...

On September 24, 2025, the Karnataka State Chartered Accountants Association (KSCAA) submitted a representation to the Prime Minister’s Office, highlighting the challenges faced by taxpayers and ...

The I-T Department issues different forms for different types of taxpayers. This is based on their income sources, level of income, residential status, and legal status of the taxpayer, among others.

The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer ...

ITR Form: Income Tax Return (ITR) is a form that every taxpayer in India needs to file with the Income Tax Department every year. It shows your income, expenses, deductions, and tax paid. Filing ITR ...

The CBDT had extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits.