Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...
Income Tax Return, ITR Filing: The last date for filing income tax returns (ITR) for assessment year (AY) 2025-26 ended on September 15, 2025. Despite heavy demand from taxpayers and professional ...
If you earn from multilple sources, understanding how to file your ITR is crucial. Here’s how your income will be taxed, the late fee rules, and how you can claim a TDS refund. Moneycontrol’s Ask ...
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...
The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer ...
The CBDT had extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits.
ITR Filing Deadline 2025: File ITR online in just 30 minutes with Form 16, know the step-by-step guide (Image: AI generated) With just 15 days to go for the income tax return (ITR) filing due date, ...
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, ...
Central Board of Direct Taxes (CBDT) has notified ITR-U (updated), a form that allows taxpayers to rectify errors or omissions and file your previous Income Tax Return. ITR (U) was introduced under ...
For years, filing your Income Tax Return (ITR) has felt like a job that only a Chartered Accountant could handle. Most people pay professional fees, fearing of making mistakes or just getting lost in ...
The time is flying for taxpayers, as today is the last date for Income Tax Return (ITR) filing for the assessment year 2025–26. A large number of people have yet to file their ITRs. However, the ...