Filed Wrong ITR in 2025? Here’s How to Correct Mistakes Without Paying Penalty Before December 31 The deadline to file Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) ...

Understanding late return. A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It gives a chance to taxpayers to declare income, allow ...

With the ITR filing deadline upon us, one of the biggest decisions is whether to file under the old regime or the new regime. And when will the refunds come.

Taxpayers who filed their income tax returns are waiting for refunds post the September 16 deadline. The income tax department processes refunds within 7 to 21 working days, but verification issues ...

If the deadline of September 16 is missed, one can still file a belated return by 31 December 2025, which is the last date ...

Income tax refunds are now processed faster, but delays can occur. Taxpayers can track their refund status on the e-Filing ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The e-filing ...

If ITR is uploaded within the due date but e-verified or ITR-V is submitted after 30 days of uploading, in such cases, the date of e-verification/ITR-V submission shall be treated as the date of ...

The CBDT recently issued a notification extending the deadline for submitting tax audit reports (Section 44AB) to October 31, ...

Delays in income tax refund can be expected on account of incorrect details such as wrong IFSC code or closed bank accounts.| Business News ...