Income Tax Filing

Section 247 under the new Act allows authorised officers to access computer systems or virtual spaces, but strictly during search and survey operations where there is credible evidence of evasion

From Section 80D to home-loan perks, here's what many taxpayers overlooked last year

Tax experts say that omissions, data mismatches, and common assumptions were the primary causes of defective returns, penalties, and delayed refunds this year, urging timely preparation for 2026

Emails about high-value transactions in Annual Information Statements nudge people on compliance processes, say experts

The Income Tax department has started sending SMS and email advisories to taxpayers for wrongful deduction claims related to unrecognised political parties or charitable institutions

Tax department advises taxpayers attempting to disclose foreign assets in revised returns to switch from ITR-1 or ITR-4 to the correct forms (ITR-2 or ITR-3) by December to ensure compliance

The documents will make tax filing easier by reducing legal wording, say experts

With the 15 December instalment approaching, here is a clear guide on who must pay advance tax, how much is due, and the interest costs of missing the cut-off

The intent of the department is to keep the I-T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961

Professionals and other assessees covered under Section 44AB of the Income Tax Act will benefit, too

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

The Income Tax Department has started issuing notices and levying penalties on these non-compliant entities, directing field officers to complete the process by end-November

The Income Tax Department's new feature brings transparency and accountability to faceless assessments, helping taxpayers track official action and reduce uncertainty.

Tax audit deadline: One month more give to businesses and professionals after representations from industry groups

Compliance mismatches and backend slowdowns are keeping refunds stuck, taxpayers advised to be proactive

As tax filing deadlines for audit cases approach, experts break down who is at risk of a tax audit, common misconceptions, and tips to stay compliant

Experts explain late filing fees, refund delays, loss of carry-forward benefits and why you should still file your belated ITR before 31 December to limit the damage

Return has to be verified within 30 days to be considered valid by the tax department

Tax department allows people to file 'belated return' by paying a penalty and interest

An extra day allowed to complete process for AY 2025-26; experts says people risk Rs 5,000 penalty if they don't file returns