After the Finance Act 2022, the finance ministry allowed taxpayers to rectify their ITRs within two years from the end of the ...

Maintain records of your filed ITR, acknowledgment receipt, and all supporting documents. These are essential for future reference and in case of any discrepancies or queries from the tax department.

If you want to manually verify your return, you can send the signed physical copy of the ITR-V Acknowledgement (by speed post ...

If you do not have a PAN card but you need that urgently, there is a facility that issues the PAN card to new users within minutes -- e-PAN facility; here's a step-by-step guide to get it: ...

The petitioners contended that the 2022 scheme mandated automated allocation for Section 148 notices, leaving no room for JAO intervention. They pointed to the Bombay High Court’s decision in Hexaware ...

In the course of assessment proceedings details of share capital raised i.e., name & address of the share applicants, no of shares allotted and amount along with Form No- 2 filed with ROC, ITR ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

This means if you chose the new tax regime last year, you can switch to the old one this year. However, you must decide before the ITR filing deadline (July 31, 2025). According to the Income Tax ...

ITR filing: The zero-tax income threshold has been increased from Rs 7 lakh to Rs 12 lakh. The important question in the minds of taxpayers is: do they still have to file their income tax returns ...

To avail of this benefit, taxpayers simply need to file their Income Tax Return (ITR) as usual — no additional steps are required. Previously, individuals earning Rs 12 lakh per year would ...

(Freepik) One of the primary concerns generated by the release of the new Income Tax Bill 2025 is whether late filers will be entitled to refunds when filing their Income Tax Return (ITR ...