The Income Tax Department is sending advisories to taxpayers about potential mismatches in their income tax returns. Taxpayers have until D...

New CBDT rules empower the Commissioner of Income Tax (CPC), Bengaluru, to rectify obvious errors. This move aims to expedite the correctio...

Income Tax: Sometimes the tax department makes errors in sending intimations, notices, others and this results in problems for the taxpayer...

Tax demand notice: Since February 24, 2025 many taxpayers have received a tax demand notice in their Income Tax Return (ITR) intimation ord...

Income tax return: Taxpayers can now file an online application for rectification of their ITR if it was incorrectly processed. However the...

Tax refund: If you doubt the calculation taken by the income tax department in regard to your ITR then you have the option to file a rectif...

Zydus Lifesciences reported that its subsidiary, Zydus Healthcare Ltd, has received an income tax notice demand of Rs 284.58 crore for the ...

All foreign payments except for medical and education purposes will attract a 20% tax collected at source (TCS). However TCS is not an addi...

Here is a step-by-step guide on how to file a rectification request on the new e-filing tax portal, as per the income tax department's webs...

CBI has named three I-T officials- Abhay Kant, Saurabh Singh and Rohit Kumar- in connection with the case along with nine beneficiaries of ...

Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.

Section 154 of the Income-Tax Act provides the taxpayer with an option to seek rectification of mistakes in record.

Refund-seekers slapped with tax notices could be because of multiple factors like upgradation of old tax records or the manual move to onli...

For all those waiting for income tax refunds, check for reasons and rectify them as tax department has processed refunds for those who had ...

In order to aggressively mitigate grievances of taxpayers, CBDT has asked the taxman to address rectification applications filed by affecte...

A taxpayer can rectify his income tax return online if there is an apparent mistake in the return already filed.

Presuming you did not sign the return digitally, you should have forwarded the signed ITR V form (to the CPCof the Income Tax Department in...