Page 2 - Income Tax Filing

What people got wrong in filing tax returns; how they can do better in 2026

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

Income Tax dept emails flag cash deposits, property deals: What to do

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

Taxpayers warned to recheck donation claims as govt flags bogus receipts

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

Unable to report foreign assets in revising tax returns? Here is what to do

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

New ITR forms under 2025 Income Tax Act to be notified before FY28: Govt

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

Advance tax check: Who must pay now and what missing the deadline can cost

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

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

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

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.

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

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.

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

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

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

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

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

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

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

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

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