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 filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...
If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the ...
If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...
A revised ITR is filed to correct any mistake in the original ITR. A belated ITR is an original ITR filed if a taxpayer ...
If ITR is not processed by December 31, 2025 then you can’t file revised ITR; Here’s what you can do if you have a tax refund ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...
People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...