If you haven’t filed your Income Tax Return yet, December 31 is your final chance to claim your income tax refund. Missing ...

December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this window shuts, taxpayers lose access to these relatively flexible options and ...

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...

Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some requesting an extension due to technical challenges.

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

A revised income tax return (ITR) allows taxpayers to correct mistakes or omissions in a return that has already been filed.

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...

A revised ITR is filed to correct any mistake in the original ITR. A belated ITR is an original ITR filed if a taxpayer ...

Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...