Viral post claims new cash rules from April 2026, but PIB says it's misleading
'Knowing when to file an updated or revised ITR can safeguard your refunds,' says expert
Campaign uses data analytics to prompt voluntary corrections of ineligible deduction claims, with a Dec 31 deadline to avoid penalties
CBDT's NUDGE campaign prompts over 1.5 mn taxpayers to revise their returns as the tax department cracks down on donation claims linked to unrecognised political parties and trusts
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
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
Taxpayers and pensioners must complete mandatory tasks like ITR filing and Aadhaar-PAN linking by year-end to avoid penalties, interest liabilities and suspended benefits
Multi-asset allocation funds offer diversification across equities, debt and commodities with tax-efficient rebalancing, but they can lag pure equity funds during strong bull markets, experts say
Understand where your refund is stuck and how to read each update online.
The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.
When a minor earns, tax liability isn't always obvious. Some income hits the child, some lands with the parent. Here's what you need to know.
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
ITR deadline: From regime selection to e-verification, here's what to tick off before the ITR deadline ends tonight
From missed income to wrong forms, ITR errors are common. Here's how revised returns, rectification, or updated filings can help you avoid penalties and refund delays
From losing the old regime option to higher interest outgo, here's how a delayed ITR beyond September 15 can shrink your savings.
From filing the last return to claiming pending TDS, here's how families can manage a parent's tax matters after their passing.
Expecting an ITR refund? Make sure your bank account is validated and your return e-verified, or you could face unnecessary delays.