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 ...

While filing an income tax return, it’s common for taxpayers to miss some details or make small errors such as incorrect ...

Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...

If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that ...

Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.

I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...

The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.

“If no return is filed by December 31 of the relevant assessment year, the taxpayer loses the option to file an original or ...