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 ...
Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.
With the ITR filing deadline extended, taxpayers are expected to get some relief as they will be able to file their taxes ...
The deadline for filing your ITR is September 15, 2025 and it hasn’t been extended yet, which means you have 2 days left to file and submit your income tax return (ITR). Sure, you can still file your ...
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 ...
Persons who had investments in unlisted equity shares at any time during the entire financial year. An individual who is a ...
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) ...
If your ITR shows 'Processed' but the refund hasn't come, there's no need to panic. This year, the deadline for filing ...
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 ...
Who can claim an excess income tax refund? Individuals can claim the income tax refund if: - The advance tax is more than the actual tax liability. - The amount of the self-assessment tax exceeds the ...
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 ...
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 ...