The “crocus” spring holiday is over, lighter days are returning and temperatures are rising. That means one thing: it’s time to do your 2024 tax return! Although the tax office opens officially for ...

It is once again that time of the year when we are expected to file our tax returns. The deadline is fast approaching and below we have highlighted important steps to follow when filing returns. Get ...

Understanding late return. A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It ...

Filing your ITR for the first time? Any individual with an income of 2.5 lakh and above can file an ITR. This year, the Income Tax Department has extended the deadline for filing Income Tax Returns ...

You might think self-assessment tax returns are only for the self-employed, landlords and high-net-worth individuals, but more people than ever have had to complete one in recent years. Fiscal drag is ...

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 ...

With the government notifying all the seven ITR Forms for the Assessment Year 2025-26, the tax filing season has finally begun. Individuals and businesses declare their income, deductions and tax ...

Missing the ITR deadline does not prevent you from filing. Taxpayers can still submit a belated return under the Income Tax ...

In case of errors or omissions, taxpayers can also file an updated return (ITR-U) on payment of additional taxes.

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 ...

While taxpayers can request extensions to file their tax returns, they must still pay what they owe by April 15. Some California residents are granted extensions for payments due to wildfires earlier ...