Centre working to restore gold import tax exemption for banks; shipments resume after IGST glitch: IBJAThe Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a noti...
08 May, 2026, 10.59 AM IST
PhysicsWallah gets tax relief as I-T dept cuts demand; contests residual ask of Rs 193 croreEdtech firm PhysicsWallah has seen its tax demand reduced from Rs 263.3 crore to Rs 192.7 crore following a rectification application. The ...
15 Apr, 2026, 02.43 PM IST
2.22 lakh appeals disposed of during last fiscal: CBDT chairmanLast fiscal year, the Income Tax Department successfully resolved an impressive 222,000 appeals, showcasing a remarkable 29% growth in effi...
10 Apr, 2026, 05.10 PM IST
Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recoveryTax authorities nationwide are demanding taxes on partner bonuses and performance pay. Professional firms argue this income is already taxe...
04 Apr, 2026, 11.06 AM IST
New feature on ITR e-filing portal: Rectification request for these tax orders can be filed online; Here’s how it helps youThe Income Tax Department has introduced a new online feature on its e-filing portal, allowing taxpayers to directly file rectification req...
26 Dec, 2025, 02.46 PM IST
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...
07 Apr, 2025, 03.19 PM IST
New GSTN advisory: You can now file a rectification application to claim pending input tax credit; However, there is a catchGSTR-3B: Now GST registered taxpayers can claim pending input tax credit relating to past years namely financial year 2017-18, 18-19, 19-20...
09 Jan, 2025, 07.01 PM IST
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...
03 Jan, 2025, 06.44 PM IST
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...
10 Aug, 2024, 12.54 PM IST
How to file income tax rectification request under section 154 on e-filing portal?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...
21 Jun, 2023, 03.34 PM IST
CBDT directs income tax department to hold grievance redressal fortnight for taxpayers in JuneCBDT, in an official communication, said that the redressal of public grievance and taxpayer service is an area of "top priority" for the b...
16 May, 2018, 03.39 PM IST
How to rectify income tax returnsIf you realise that some income was not reported, or some deduction was not availed of in the return computation, it is possible to file re...
24 Jul, 2017, 06.30 AM IST
Corporate India's quick guide to BudgetBoost to markets as FPIs Category 1 and 2 are exempt from indirect transfer provisions and the resultant capital gains with retrospective e...
02 Feb, 2017, 10.54 AM IST
CBDT processes 6.53 lakh online rectification requests in ITRSection 154 of the Income-Tax Act provides the taxpayer with an option to seek rectification of mistakes in record.
01 Apr, 2016, 02.14 PM IST
I-T Dept simplifies online rectification of TDS in ITREarlier, taxpayers were required to fill in complete details of the entire TDS schedule while applying for rectification on the e-filing po...
10 Dec, 2015, 05.09 PM IST
Relief for tax payers as CBDT calls for speedy disposal of rectification applicationsThe Central Board of Direct Taxes (CBDT) has asked Income Tax officers to dispose rectification applications as early as possible.
08 Jun, 2015, 04.30 PM IST
How to rectify your income tax return onlineA taxpayer can rectify his income tax return online if there is an apparent mistake in the return already filed.
27 May, 2013, 09.32 AM IST