Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...
Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...
The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.
Anyone can file an updated return except in specific situations. It doesn’t matter if you already submitted an original, ...
If you happend to commit a mistake in filing your income tax return (ITR), you can still file an updated return ...
The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...
Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...
Many taxpayers believe that income tax returns (ITR) can only be filed by the due date. However, this is not entirely correct. If you earned income from bank interest, capital gains, or dividends and ...
Filed your ITR but still waiting for your refund? Even after ‘Processed’ status, many taxpayers face delays — from wrong bank ...
“The concerned FBR officials are responsible for latest episodes of mismanagement, and inefficiency in case of inordinate ...
If the Income Tax Return (ITR) is not filed within the due date, a person may have to pay a late fee up to ₹5,000 and also interest on unpaid tax. More importantly, business losses or the capital ...
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...