Filing your Income Tax Return (ITR) using the wrong form can lead to your return being marked as defective by the Income Tax Department. To avoid unnecessary delays or rejections, it is important to ...

New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

Budget 2026 proposes allowing taxpayers to file an updated return even after receiving a reassessment notice under Section 148. While this creates a compliance window to settle disputes, it also ...

The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...

If you are still waiting for your income tax return (ITR) to be processed or for your refund to arrive, you are not alone.

The tax and ITR (Income Tax Return) filing system in India is set to undergo a major transformation starting April 1, 2026. The over-60-year-old system is being replaced by the concept of a "Tax Year, ...

Overview: Paper tax filing remains an option for taxpayers who prefer reviewing forms and details manually before submitting their return.The process includes d ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

The National Board of Revenue (NBR) is likely to extend the income tax return deadline by another month to March 31, marking the fourth extension this year.

Tax advisory platform TaxBuddy has shared a post on X regarding the modus operandi of the Tax refund scam.

Taxpayers should file a revised return to correctly report crypto income and disclose it under the relevant schedule. If the ...

The 2025 income tax return filing deadline is Wednesday, April 15, 2026. Payments and completed municipal income tax returns can be placed in the secure, drive-up drop box in the east curbed island of ...