The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified ...
The Income Tax Department has said that the Non-intrusive Usage of Data to Guide and Enable (NUDGE) campaign aims to encourage taxpayers to voluntarily review their deduction or exemption claims that ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
The messages and e-mails from the Income Tax Department, asking people to file revised returns by December 31, have invited ...
Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...
The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS ...
The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.
The court examined whether delay in filing a revised return caused by an audit reporting mistake and COVID-19 disruption should be condoned. It held that the explanation was bona fide and directed ...
If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the ...