The Income Tax Department has activated online filing for ITR-5 and ITR-7 forms, pre-filled with data, on its official website. ITR-5 and ITR-7 forms are meant for specific categories of taxpayers and ...
Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...
The Income Tax Department has extended the deadline for filing Income Tax Returns (ITR) for the financial year 2024-25, giving taxpayers additional time to complete the process. The earlier deadline ...
The National Board of Revenue (NBR) has issued a special order regarding the submission of income tax returns online. According to this order, from the fiscal year 2025-2026, all individual taxpayers ...
Taxpayers who filed their income tax returns are waiting for refunds post the September 16 deadline. The income tax department processes refunds within 7 to 21 working days, but verification issues ...
Taxpayers who missed the deadline get another opportunity to comply by filing a belated return. The Income Tax (I-T) ...
The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The e-filing ...
While ITR 1 is a widely used form for salaried individuals with specific income sources, it cannot be used by everyone. When an individual is a non-resident or not ordinarily resident or his income ...
ITR filing FY 2024-25 due date: The Income Tax Department does not seem to have extended the ITR filing deadline for Assessment Year 2025-26, meaning returns filed after September 16 will be ...
ITR Form: Income Tax Return (ITR) is a form that every taxpayer in India needs to file with the Income Tax Department every year. It shows your income, expenses, deductions, and tax paid. Filing ITR ...
Delays in income tax refund can be expected on account of incorrect details such as wrong IFSC code or closed bank accounts.| Business News ...
If you have also come across a viral claim that the Income Tax Return (ITR) deadline has been extended until September 30, beware, it's fake.