Searched for
RECTIFY MISTAKES IN ITR
Did you make a mistake in filing ITR in a hurry on September 16? Here's how to correct itTaxpayers who filed Income Tax Returns with errors have options. If the ITR isn't e-verified, it can be discarded and refiled. After e-veri...
Less than 10 hours remain to file ITR without penalty: One last chance to opt old tax regime and fix mistakes made in ITRThe income tax return (ITR) filing deadline has been extended to September 16, 2025, offering taxpayers a chance to correct errors. Taxpaye...
Online rectification request to fix wrong tax demand notice, intimation is now enabled for up to AY 2023-24Income Tax: Sometimes the tax department makes errors in sending intimations, notices, others and this results in problems for the taxpayer...
A typo triggers a Rs 40 cr tax demand and four-year ordealIn autumn 2021, Monica Capoor, a retired teacher in Gurgaon, received a notice from the I-T department claiming she profited ₹279 crore fro...
New feature added in ITR portal: Now you can file rectification request online for incorrect ITR processing even if it’s with the AOIncome tax return: Taxpayers can now file an online application for rectification of their ITR if it was incorrectly processed. However the...
More taxpayers getting defective ITR notice from tax dept this year; How to rectify the defectDefective ITR: Chartered accountants report that many of thier clients have received defective ITR notices this year. As per Amit Bansal, P...
ITR refund: Not satisfied with lower income tax refund amount intimated on email? You may file a rectification requestTax 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...
No need to file revised ITR in case of errors: You can 'discard' filed ITR and refile but only if it has not been verifiedDiscard ITR: Now you can discard a duly filled up income tax return (ITR) and file a fresh ITR only if the original ITR which is discarded ...
What is revised ITR, how to file, late date to do itA mistake made at the time of filing original ITR can be corrected by filing a revised ITR. Section 139(5) of the Income-tax Act,1961 state...
What is a defective income tax return (ITR), how to correct itA taxpayer will get a notice pertaining to his/her return being classified as defective due to many possible reasons like PAN name mismatch...
How to correct mistakes made at the time of paying income taxIt is important to ensure that correct details are selected or filled in the tax challan at the time of depositing your income tax. It may ...
CBDT notifies ITR-U for AY21 & AY22The Central Board of Direct Taxes (CBDT) notified forms for updated returns for those taxpayers who missed to report correct particulars of...
Made mistakes in ITR? Here's how to rectify themMade mistakes in ITR? Here's how to rectify them
7 common mistakes to avoid when filing ITRThe deadline to file an income tax return (ITR) for FY 2019-20 has been extended to November 30, 2020. However, while filing ITR there are ...
Not filed ITR for FY 2018-19? March 31 is your last chanceThere are few important financial deadlines in the month of March that an individual taxpayer needs to be aware of. These include filing a ...
Filing LTCG on stocks in I-T returns to be trickyThe ITR form allows only consolidated figures instead of reporting each transaction separately.
ITR filing for FY 2017-18: Here's a step-by-step guideIf you are someone who files your ITR on your own and need a little handholding to sail through the process, look no further. Here you will...
ITR Filing: Do you have to report payments bank account held with Paytm, Airtel?As per the existing ITR forms, you should report all your bank accounts except dormant ones, any interest income earned from these should b...
Mistakes in filing income tax returns that may get you a tax noticeEven a small mistake can land you in trouble with the tax department. You could end up getting penalised or even be served a tax notice.
Last day checklist to file income tax returnsThe finance ministry has made it clear that it is not extending the ITR filing deadline beyond July 31. Here's an 8-point guide for last-mi...