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 ...
A notice circulating online on Sunday added more confusion to it, as it was referring to a press release from the Ministry of ...
ITR Filing: The ITR filing season is here and if not done correctly, you can receive an income tax notice from the department. Receiving an income tax notice can be stressful for many taxpayers.
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 you regularly file your Income Tax Return (ITR), there’s some great news coming your way. The Income Tax Department has ...
A common income tax filing mistake is failing to claim capital gains exemptions on property sales due to a lack of awareness about Capital Gains Account Scheme | Real Estate News ...
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 ...
Users have been facing last-minute hassles with the income tax portal over the weekend as the ITR filing deadline on 15 September approached.
The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRs for AY 2025-26 from 15th September, 2025, to 16th September, 2025. The e-filing portal, it said, ...
If the return was filed within the due date (16th September for FY 2024–25), the interest on the refund will be calculated ...
Delays in income tax refund can be expected on account of incorrect details such as wrong IFSC code or closed bank accounts.| Business News ...
Many are expressing frustration on social media platform X. The Income Tax Department is responding to complaints. They are asking users to share details via email.