The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.

Overview: Paper tax filing remains an option for taxpayers who prefer reviewing forms and details manually before submitting their return.The process includes d ...

Missing the Income Tax Return (ITR) filing deadline can happen for many reasons. You may have missed a document, made an error, or simply overlooked the timeline. However, if you have already filed ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

Income Tax: The Union Budget 2026 introduces amendments to the Income Tax Act that simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers.

The Income Tax Department launches SAKSHAM NUDGE campaign to boost voluntary tax compliance in the food and beverage sector, uncovering ₹408 crore in suppressed sales.

Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax ...

An NRI faced a proposed 78% tax after ₹14.70 lakh of his property payment was made through his mother’s account and treated as unexplained investment. The ITAT Mumbai deleted the addition after he ...

March 2026. More for You ...

Indian investors buying US stocks often overlook reporting dividend income, a common tax oversight. While foreign shares must ...

The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...