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Income Tax Filing

New Income Tax Act from April 2026; ITR forms will be ready by January

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

New Income Tax Act from April 2026; ITR forms will be ready by January
Updated On : 18 Nov 2025 | 9:44 AM IST

ITR deadline extended to Dec 10 for firms under audit: Details explained

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

ITR deadline extended to Dec 10 for firms under audit: Details explained
Updated On : 30 Oct 2025 | 12:06 PM IST

Missed something in your ITR? You can still correct it with ITR-U

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

Missed something in your ITR? You can still correct it with ITR-U
Updated On : 27 Oct 2025 | 4:56 PM IST

I-T department begins action on firms failing to report high-value deals

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

I-T department begins action on firms failing to report high-value deals
Updated On : 17 Oct 2025 | 11:21 AM IST

ITR portal update: Now see when tax officers review your submissions

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

ITR portal update: Now see when tax officers review your submissions
Updated On : 16 Oct 2025 | 5:01 PM IST

Tax audit deadline moved to Oct 31: Who needs to follow process, why

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

Tax audit deadline moved to Oct 31: Who needs to follow process, why
Updated On : 26 Sep 2025 | 2:00 PM IST

No updates, no refunds: Experts explain what's causing ITR delays

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

No updates, no refunds: Experts explain what's causing ITR delays
Updated On : 24 Sep 2025 | 5:57 PM IST

Tax audit guide for businesses and professionals:Rules, limits and pitfalls

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

Tax audit guide for businesses and professionals:Rules, limits and pitfalls
Updated On : 22 Sep 2025 | 4:11 PM IST

Late in ITR filing?Experts decode fees, refund delays and lost tax benefits

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

Late in ITR filing?Experts decode fees, refund delays and lost tax benefits
Updated On : 18 Sep 2025 | 5:02 PM IST

Filed tax return at the last hour? One more step will complete process

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

Filed tax return at the last hour? One more step will complete process
Updated On : 17 Sep 2025 | 2:42 PM IST

You may still file tax returns after Sept 16 deadline: Here's the deal

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

You may still file tax returns after Sept 16 deadline: Here's the deal
Updated On : 17 Sep 2025 | 1:39 PM IST

Income Tax return deadline extended by 24 hours after portal slows down

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

Income Tax return deadline extended by 24 hours after portal slows down
Updated On : 16 Sep 2025 | 11:29 AM IST

Govt extends ITR filing deadline for AY 2025-26 by a day to Sept 16

The e-filing portal will remain in maintenance mode from 12:00 am to 2:30 am on September 16, 2025

Govt extends ITR filing deadline for AY 2025-26 by a day to Sept 16
Updated On : 16 Sep 2025 | 12:40 AM IST

ITR deadline today: Checklist to stay penalty-free and claim deductions

ITR deadline: From regime selection to e-verification, here's what to tick off before the ITR deadline ends tonight

ITR deadline today: Checklist to stay penalty-free and claim deductions
Updated On : 15 Sep 2025 | 1:28 PM IST

Over 60 million income tax returns filed for 2025-26 so far: I-T dept

More than six crore income tax returns for Assessment Year 2025-26 have been filed so far, the Income Tax department said on Saturday. The last date to file ITRs without penalty is September 15. "Thank you taxpayers & tax professionals for helping us reach the milestone of 6 crore Income Tax Returns (ITRs) as of now and still counting," the I-T department said in a post on X. To assist taxpayers for ITR filing, tax payment and other related services, our helpdesk is functioning on a 24x7 basis, and the department is providing support through calls, live chats, WebEx sessions & Twitter/X, it added. It also asked taxpayers who haven't filed ITR for AY 2025-26 to file at the earliest to avoid a last-minute rush. The Income Tax department in May announced an extension of the due date for filing ITRs for Assessment Year (AY) 2025-26 (for income earned in financial year 2024-25) by individuals, HUFs and entities who do not have to get their accounts audited from July 31 to September

Over 60 million income tax returns filed for 2025-26 so far: I-T dept
Updated On : 13 Sep 2025 | 3:04 PM IST

ITR-5, 6, 7 get Excel utilities to cut errors as Sept 15 deadline nears

With the September 15 deadline nearing, experts say Excel tools cut errors, simplify compliance, and help businesses, companies and trusts avoid costly tax disputes.

ITR-5, 6, 7 get Excel utilities to cut errors as Sept 15 deadline nears
Updated On : 10 Sep 2025 | 4:44 PM IST

Filed a wrong ITR? Here's how to rectify mistakes and avoid penalties

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

Filed a wrong ITR? Here's how to rectify mistakes and avoid penalties
Updated On : 09 Sep 2025 | 4:09 PM IST

Late ITR after Sept 15: Why the hit is bigger than just a penalty fee

From losing the old regime option to higher interest outgo, here's how a delayed ITR beyond September 15 can shrink your savings.

Late ITR after Sept 15: Why the hit is bigger than just a penalty fee
Updated On : 04 Sep 2025 | 5:15 PM IST

Crypto to unlisted shares: 8 tax returns slip-ups that may cost you

Failing to give tax department information about various assets could lead to penalties of up to Rs 10 lakh

Crypto to unlisted shares: 8 tax returns slip-ups that may cost you
Updated On : 02 Sep 2025 | 4:50 PM IST

When a parent passes away, here's how their tax filing and refunds work

From filing the last return to claiming pending TDS, here's how families can manage a parent's tax matters after their passing.

When a parent passes away, here's how their tax filing and refunds work
Updated On : 29 Aug 2025 | 4:44 PM IST