With just days left before the March 31 deadline, now is the time to review your tax obligations and make necessary ...

The deadline to file income tax returns for FY2024 or AY2024-25 is July 31. All taxpayers should file their returns by this date either by online or offline mode. The online mode of filing returns ...

ITR-U Filing Deadline on March 31: The Income Tax (I-T) Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing which, they will need ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

Out of these taxpayers, those whose income is between ₹ 1-5 crore is a whopping 3.89 lakh, while those with income between ₹ ...

All depends on how the ITR utility is configured," said Balwant Jain. Even after the due date, you can revise a return and change the tax regime, but only if the original ITR was filed by the due ...

If you chose the new tax regime last year, you can opt for the old one this year — provided you make the decision before the ITR filing deadline (July 31, 2025). However, the old tax regime is ...

This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know how to do damage control ...

Number of individual income tax return (ITR) filers has jumped over 43 per cent in fiscal year 2024-25, data till January 31 showed. Overall, number of filers rose by 6.8 per cent in current ...

ITR filing: In the fiscal year 2024-25, the number of individuals filing income tax returns (ITRs) with income exceeding Rs 1 crore has seen a significant rise, increasing by 43% from previous ...