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 ...

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 ...

An updated return is a provision that allows taxpayers more time to file or correct their tax filings. It is aimed at encouraging voluntary tax compliance by giving taxpayers the option to submit a ...

Taxpayers can now file updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per the Finance Act, 2025. The Income Tax Department has now made ...

ITR-3 filing for AY 2025-26 is now live. It’s for individuals and HUFs with business, F&O, capital gains, or directorship. Filing is online with new rules. The Income Tax Department has activated the ...

The income tax return (ITR) utilities for financial year 2024-25 (assessment year 2025-26) have introduced a specific code—16021—for 'influencers' who draw income from their social media activities, ...

ITR filing: Whether you're a salaried individual, freelancer, or just entered the job market, filing income tax returns (ITR) for the first time may seem daunting. Hence, to make the filing process ...

As the income tax return (ITR) submission deadline nears, which was extended until 15 September 2025 for assessment year 2025-26, several individuals with no taxable income are questioning and ...

Filing beyond this date will lead to a penalty of ₹5,000 (if income exceeds ₹5 lakh) and ₹1,000 for lower income groups under Section 234F. The last date for the filing of Income Tax Returns (ITR) for ...