Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...
ITR form: If you end up filing the wrong ITR form, it is advisable that you don’t panic, because the Income Tax Department lets you file a revised return. (Image: Canva) For most taxpayers, filing an ...
For Assessment Year 2025-26, taxpayers have time till March 31, 2030, to file an updated return. This extended window ...
Rushed filings by taxpayers ensure that there are mistakes of some description. The most frequent ones are entering the incorrect bank details, incorrect declaration of income, failure to claim ...
ITR filing mistakes: Tax advisory platform Tax Buddy recently highlighted a real-world case study to caution taxpayers about the importance of verifying their Annual Information Statement (AIS) before ...