The Income Tax Department has notified the income tax return (ITR) forms for the financial year 2024-25 (assessment year 2025-26). This year's ITR forms have been updated to incorporate the income-tax ...

Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...

Income Tax: Did you miss out on something when filing the income tax return (ITR) for AY 2025-26? If that is the case, you can file an updated return. For those who are not aware, an updated income ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Filing Income Tax Returns (ITR) may be ...

Only One Costly Option Left After January 1 ITR Deadline Update: December 31 marks a critical cutoff for income tax filers in ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...