Page 4 - Income Tax Filing

Unlimited but repeated ITR revisions may cause scrutiny, say experts

Tax experts say revising your ITR is allowed, but frequent or significant changes may raise red flags with the department's AI-driven systems

'Validation error' in filing tax return: How to fix problem, get refunds

Validation ensures refunds are credited to correct accounts and tax returns are filed properly

ITR-2, ITR-3 delay decoded: Changes, challenges, and what's next

'Major backend changes and stricter disclosures have pushed the rollout,' say experts, creating anxiety for those with complex incomes and tighter deadlines.

Validated bank account for tax refund: How to ensure process is completed

Refunds are often delayed due to invalid or outdated bank information; this guide tells how to validate your bank account

Earning from reels or brand deals? Here's how influencers must file ITR

'Even your freebies are taxable'. Influencers must report all earnings from reels, brand deals, and affiliate links, say experts.

High-value transactions can catch IT dept's eye: Here's what to watch for

With big transactions under the scanner, keeping records clear and payments traceable is key to staying smooth with the tax department.'

Taxman knows more than you think: Here's why clean ITR filing matters

From rent fudging to hidden income, the tax department's digital dragnet is tighter than ever, mistakes can cost big. Here's how to stay safe this ITR season with clean, accurate filing.

Govt plans to amend refund provision in new Income Tax Bill, 2025

Section 433 of the new IT Bill, 2025, states that a refund must be claimed by filing a return - regardless of whether it is belated

Got multiple source of income? Here's how to tax returns, use correct forms

Maintaining records and reporting each income source are key to avoiding tax hassles, say exports

Told your employer one tax regime, but want to switch? Here's the rulebook

You can move to another regime while filing Income Tax return, but maybe asked to pay extra tax if you change your choice says tax expert. Be ready for.

Long-awaited tax refunds may finally land as 2023-24 returns are processed

Income Tax returns valid selected for scrutiny or delayed due to taxpayer-related issues will not get relaxation

June 2025 tax filing & compliance deadlines: What's due, when, and by whom

Completing these tasks in compliance will impact your tax refunds, returns and penalties

Can you switch tax regimes? rules for salaried and business taxpayers

Salaried taxpayers can switch tax regimes yearly; business professionals face stricter limits

Filing Income Tax return for the first time? Here's a step-by-step guide

Completing the process even if your income is below taxable limit establishes financial credibility, say experts

Compare Form 16 and 26AS carefully, alert employer promptly on errors

Deductions missed in Form 16 due to late or non-submission of proofs can still be claimed while filing return

Retired and saving? CBDT's new guide helps you maximise tax benefits

CBDT's new brochure breaks down tax benefits for retirees, covering exemptions, deductions, and filing ease, making post-retirement money matters clearer and easier to manage

ITR-U changes:Fix tax return errors of up to 4 years but with extra charges

ITR-U is applicable to any individual or corporate entity that has omitted or misreported income, missed deductions, or failed to file returns altogether.

Do NRIs have to file tax returns in India: What's the rule and process

NRIs must pick the right form to give information about their earnings and fill it up carefully, according to experts

Income below tax slab? Filing an ITR still pays off in ways you didn't know

Filing an ITR isn't just for paying taxes, it's a powerful tool for building financial credibility, accessing loans, securing subsidies, and opening doors to major opportunities, even with no tax due

ITR forms seek more information: Changes for AY 2024-25 you need to know

Revised documents have reporting requirements for digital assets and foreign income, seeking to enforce government's drive for greater disclosure