Page 3 - Income Tax Filing

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

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.

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

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.

From bank details to e-verification, what really slows down your ITR refund

Expecting an ITR refund? Make sure your bank account is validated and your return e-verified, or you could face unnecessary delays.

Deadline that protects you from tax scrutiny: CA explains the rules

Returns filed before March 2019 are beyond the reach of fresh scrutiny, says Himank Singla

Filing taxes for first time? Step-by-step guide to register on I-T portal

Registering on the income tax e-filing portal is the first step to file your return. A quick look at the step-by-step process to get started online

Simpler, smarter ITR forms ahead as New Income Tax Act kicks in from April

From April 2026, your ITR filing experience will be simpler, with pre-filled smart forms and a cleaner tax framework.

Tax changes on hold: Government to reintroduce New Income Tax Bill today

The new bill uses slightly different wording. It only excludes "occupied" commercial properties from house property taxation.

DIY Filing at Scale: How TaxBuddy Is Making Income Tax Filing Easier for Millions

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Have money abroad? IT dept's new guide spells out what & how to report

CBDT's latest guide explains how resident Indians must disclose foreign income and assets in ITR this year, missed details can lead to penalties under the Black Money Act

₹6 Cr property sold, ₹0 tax paid-What the Income Tax ruling means for you

Kavita Damani won the case before the Income Tax Appellate Tribunal (ITAT), Mumbai, because she fulfilled the legal conditions required to claim exemption from capital gains tax under section 54 of th

ITR declared invalid? CBDT offers relief for those with technical glitches

Taxpayers whose returns were wrongly invalidated by the CPC now have fresh hope as CBDT orders reprocessing of such ITRs; refunds and interest may follow

Influencers to F&O traders: here's what ITR utility update means for you

From influencers to F&O traders, the Income Tax department's revised 'Nature of Business' codes will affect how freelancers and professionals file their returns in AY 2025-26

Foreign firm using shared premises in India liable to income tax: SC

SC rules foreign firm's control over Indian business via shared office space qualifies as a permanent establishment, triggering income tax liability

CBDT using AI tools to boost income-tax compliance, says Chairman Agrawal

Speaking on using artificial intelligence to monitor taxpayer behaviour, CBDT Chairman Ravi Agrawal stated that the department's role remains facilitative and non-intrusive

I-T Bill 2025: FinMin rejects demand for time limit on tax pleas' disposal

The finance ministry said the statute only provides for the time-lines and procedural requirements and the mechanism to make appellate procedure more efficient and taxpayer friendly

E-verification of ITR: Here is how to complete your tax filing process

You must e-verify your ITR within 30 days of filing to complete the process. Here's how to do it easily using Aadhaar OTP, net banking and other online methods.

Delay in ITR-5, 6, 7 utilities:Brace for shorter filing window, say experts

ITR-2 and 3 utilities were also released late in mid-July, but the deadline was later extended

Political donations, medical claims:How to avoid I-T scrutiny on deductions

Ignorance is not a defence and taxpayers have to give proof to justify claims, say experts