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 ...

Income Tax return filing has only 17 days left before the extended deadline ends, and less than half of the total expected returns have been filed for the assessment year (AY) 2025-26. According to ...

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 ...

If you still missed the deadline, there’s no need to panic. The Income Tax Act allows you to file a belated return; Know steps and penalties ...

With the window for assessment of income tax for Assessment Year 2024–25 already open, the very first and the most important step for all taxpayers is to determine the correct Income Tax Return (ITR) ...

More than 4.56 crore people have filed ITR, out of which more than 4.33 crore have also e-verified their returns. But the department has processed around 3.17 crore ITRs so far. That is, a large ...

If your ITR shows 'Processed' but the refund hasn't come, there's no need to panic. This year, the deadline for filing ...

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 ...

The September 15 deadline to file the income tax returns (ITR) for the financial year 2024-25 (assessment year 2025-26) is nearly here. With taxpayers and chartered accountants complaining of multiple ...

The Income Tax Department has announced that taxpayers can now file updated income tax returns (ITR-U) for the assessment years (AY) 2021-22 and 2022-23 using ITR-3 and ITR-4 forms. The facility was ...

The Gujarat High Court has directed the Central Board of Direct Taxes to extend the Income Tax return filing deadline for ...

The Income Tax Department has activated the option to file ITR-3 online for the Assessment Year 2025-26 (Financial Year 2024-25). This is now available on the department’s e-filing website. ITR-3 ...