From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...
Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some ...
Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...
Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are not processed by the CPC.
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...
Taxpayers face difficulties with the Capital Gains Account Scheme. Experts propose Budget 2026 reforms to simplify the ...
Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...
ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...