I have filed ITR but e-verification is yet to be done? Can I do it after ITR filing deadline?ITR filing deadline: The government extended the ITR filing deadline to September 16, 2025, offering relief to taxpayers facing portal issu...
Can you change your tax regime from new to old and vice-versa, while filing ITR? Not alwaysFor FY 2024-25, the new tax regime is the default, impacting ITR filing. Switching to the old regime requires careful consideration, especi...
ITR-1 and ITR-4 forms enabled for online filing through income tax e-filing portal for AY 2025-26, know who all can file online income tax returnsThe Income Tax Department has launched the online utility for filing income tax returns for FY 2024-25 (AY 2025-26). Currently, only ITR-1 ...
Income tax department to compare your last year ITR with current year’s ITR for any irregularities: How taxpayers will be impacted?Compare last year's ITR with the current ITR: The income tax department will check and match your current income tax return filed with the ...
ITR filing: CBDT sending emails for mismatches in ITR, AIS, high-value transactions, not filing ITR for these yearsThe Central Board of Direct Taxes (CBDT) has launched an electronic campaign to help taxpayers reconcile discrepancies between their Annual...
ITR 3 applicability: Who can file income tax return using ITR 3 form for FY2023-24ITR 3 form applicability: Depending on the origin of your income and the type of taxpayer you are, you need to choose one of these forms wh...
ITR filing FY 2023-24 FAQs: Name of taxpayer in ITR does not match with name in PAN database; here’s what you can doITR filing FY 2023-24: The Income Tax Department has recently published a set of commonly asked questions (FAQs) to assist taxpayers with t...
ITR e-verification: How to e-verify ITR, timelimit, other important FAQsThe ITR is deemed invalid or will not be regarded as filed if the assessee does not validate it within the allotted period. e-Verification ...
Income tax filing: 3 updated utilities available for filing this ITR form for AY 2024-25; find out which one works best for youIncome tax filing: Are you an individual or Hindu Unidivided Family who have income from business or profession and do not want to opt for ...
Rich taxpayers will now need to give more details, ITR-2, ITR-3 for FY 2023-24 notified by CBDTTaxpayers earning over Rs 50 lakh or owning multiple houses must provide additional information when filing income tax returns (ITR). The C...
Income Tax department offers 'Discard return' option: When you can use itThe Income Tax Department has launched a new feature dubbed 'Discard Return' wherein individuals could delete their previously submitted in...
Verify your income tax return (ITR) for FY 2022-23 by this date or it will be invalidLast year, the Central Board of Direct Taxes (CBDT) decreased the ITR verification time restriction from 120 days to 30 days from the date ...
Facing ITR related problems? FAQs regarding ITR errors, e-verification issuesFor those who are having difficulty filing their returns, the Income Tax Department has provided the most recent FAQs. ITR stands for Incom...
Self-assessment tax paid not reflecting in prefilled form, how to e-verify ITR: Tax dept answers 10 ITR filer queriesThe top 10 frequently asked questions concerning filing income tax returns have been released by the income tax department to help clear up...
ITR filing: Income Tax department issues set of FAQs"Alternatively, in such cases where taxpayer has already filled in additional details over and above the pre-filled details, such payment d...
Income Tax Return FAQsThe I-T Department maintains a database of the total tax paid by a taxpayer (i.e., the tax credit in the account of a taxpayer).
Black money window: CBDT issues fresh FAQs; PAN mandatory for declarantThis is the second set of clarifications or FAQs issued by the Central Board of Direct Taxes and this time a total of 11 queries have been ...