While it is true that you may not have any tax dues, that alone does not mean you can skip filing your return. Filing ITR is not just about paying taxes-it is also about reporting your income formally ...

A Nil Income Tax Return (ITR) refers to an income tax return where the taxpayer has no tax liability. This typically occurs when an individual's income does not exceed the basic exemption limit ...

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: Fewer than 30 days are remaining before the September 15 deadline to file the income tax return (ITR) for FY 2024-25. It is crucial for taxpayers to use the correct income tax return form ...

The CBDT had extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs ...

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.

File ITR yourself without the help of a CA: Easy step-by-step guide for the common man (AI generated image) Is it necessary to go to a chartered accountant (CA) every time to file your income tax ...

Filing Income Tax Return (ITR) is an annual obligation for eligible Indian taxpayers. Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also ...

The Income Tax Department has opened the e-filing window for taxpayers on its portal, enabling them to file their income tax return form ITR-2. The move will allow taxpayers to file their returns for ...

Income-tax returns: While the e-filing process has become quicker and easier over the years, the process can be daunting for for first-time filers. Here is a step-wise guide on how to file your ITR, ...

ITR‑2 is meant for individuals and Hindu Undivided Families (HUFs) who earn more than Rs 50 lakh from salary, more than one house property, capital gains, or other sources like dividends and interest.

The return should be revised within the prescribed time limit. It can be revised any time three months before the end of the assessment year or before the completion of the assessment, whichever is ...