Page 2 - Itr Filing

Use a revised or updated income tax return to correct bogus deductions

Once scrutiny, surveys, or raids begin, correction options are no longer available

Investors filing tax using LRS route must disclose foreign assets, income

Misreporting may invite penalty as high as Rs 10 lakh, can go up to 200 per cent of the tax due

ITR-2 e-filing opens: what's new in AY 2025-26, who needs to use form

Online tax form was delayed due to revisions that match legislative changes, say experts

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

HRA exemption glitch in ITR utility: What salaried taxpayers must do

'Taxpayers must calculate exemption based on residence, not workplace, to avoid notices' says experts.

Offline forms for ITR-2, ITR-3 released: How to use them, documents needed

The offline Excel utilities for ITR-2 and ITR-3 are now live; know the major changes, who can use them, and tips for smooth filing this year.

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

ITR forms explained: ITR-1 to ITR-5 & what’s new this year?

It’s income tax filing season, and let’s be honest, it can get pretty confusing trying to figure out which ITR form applies to you. Add to that a bunch of new updates from the Income Tax Department

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.

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

How to save tax smartly under the new regime without 80C or HRA

The ITR deadline is September 15 and if you’ve opted for the new tax regime, you might be wondering: Can I still save on taxes without 80C, HRA, or LTA? In this episode of PF Guide, we break down:

'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.

Got crypto gains or gifts? Here's why the taxman could soon come calling

'Every crypto move is taxable,' warn experts, as AI-powered tax tools tighten the net on undeclared gains, swaps, gifts, and even crypto spent on shopping.

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.

Filing ITR 2025? Key tax breaks senior citizens must not overlook

Those who sold land or building must observe the recent changes to indexation benefits for calculating capital gains tax