Those who have been paying income tax for the last 10 years will know very well that earlier filing and depositing ITR was ...

This extended deadline has allowed taxpayers to file their Income Tax Returns through the first two weeks of 2025 as well.

Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing of belated or revised tax returns as ...

Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...

It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...

To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...

The Income Tax Department can condone a delay in filing an ITR after the deadline lapses. If the department gives the nod, ...

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 who file ITR after the deadline are fined Rs 5,000. For taxpayers with an income less than Rs 5 lakh, this penalty ...

"Taxpayers can currently only file belated or revised returns, excluding new filings that incorporate the 87A rebate. The ...

CBDT extends the deadline for revised ITR filing to January 15, 2024. Late fees apply. GST annual return deadline remains 31.