Page 4 - Income Tax Filing

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Changing details on e-filing portal? Here's how to e-verify them easily

Have you updated your mobile, email or bank details on the income tax portal? Complete e-verification quickly to avoid delays in refunds and important tax alerts.

Filed wrong ITR form? Consequences & how to fix it

'Filing a wrong ITR doesn't just stall refunds, it can trigger penalties and scrutiny if not fixed,' warns a tax expert

Exemption limits, forms: Income Tax rule changes for NRIs this year

They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts

Changed jobs recently? Here's how to file ITR without any errors

'Switching jobs mid-year can complicate tax filing, but with a little attention to detail, you can avoid common mistakes. As experts say, 'A few extra steps today can save you headaches tomorrow.

Up to 200% penalty for tax misreporting: What every filer should know

Misreporting or underreporting income can lead to penalties of up to 200 per cent of the tax due. Tax experts warn that even small errors may trigger scrutiny under the new AI-driven system.

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Refunds are often delayed due to invalid or outdated bank information; this guide tells how to validate your bank account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