When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
While filing an income tax return, it’s common for taxpayers to miss some details or make small errors such as incorrect ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that ...
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...
The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.
“If no return is filed by December 31 of the relevant assessment year, the taxpayer loses the option to file an original or ...
If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...
Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.
Taxpayers face mandatory tax payment when correcting 80G PAN errors under Section 139(8A). Experts suggest allowing corrections without tax if no liability exists to simplify ITR-U ...
Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...