Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

If you happend to commit a mistake in filing your income tax return (ITR), you can still file an updated return ...

Anyone can file an updated return except in specific situations. It doesn’t matter if you already submitted an original, ...

Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...

One such form that caters to these unique entities is the ITR-5 form. Specifically designed for businesses, firms, LLPs (Limited Liability Partnerships), and certain other types of organizations, the ...

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

Filed your ITR but still waiting for your refund? Even after ‘Processed’ status, many taxpayers face delays — from wrong bank ...

The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...

A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...

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 ...