Income Tax Refund Delays: The income tax return filing deadline came to an end on July 31, with over 7 crore taxpayers filing their returns within the set time-frame. As per the Income Tax ...
Filing the ITR may be the first milestone, but ensuring that the return is valid, accurately processed, and appropriately ...
ITR e-Verification: If you have filed your Income Tax Return (ITR), there is still one crucial step remaining. Merely filing ...
The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is for individuals and HUFs with business or professional income.
Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing ...
Taxpayers filing ITR-1 and ITR-2 must submit their returns by 31 July. Meanwhile, taxpayers filing ITR-3 or ITR-4 who are not ...
Filing an income tax return for the first time may seem challenging, but following the correct steps and keeping all required ...
Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks and reconciliation runs, using technology for ITR processing might trigger ...
Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be ...
Filing an Income Tax Return starts with selecting the right ITR form based on your annual income, sources of income and taxpayer category. There are seven ITR forms, and selecting the right one is ...