Income Tax Rebate: "The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 ...

Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, ...

Taxpayers can now file an online application for rectification of their ITR if it was incorrectly processed. However the ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

New feature added to the ITR portal streamlines rectification process, which previously required manual submissions and was ...

Extended due date for filing belated Income Tax Return till January 15, with penalties and consequences for non-filers.

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

The main deadline to file ITR forms to claim refunds is generally July 31st every year, however, a window is open for late ...

ITR: To claim a tax deduction in FY25 for which you would file an income tax return (ITR) before July 31, the investment must ...

Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.

Once again salaried individuals will be required to file their income tax return (ITR) before the deadline for assessment ...