withdrew tax deduction claims worth Rs 1,070 crore as on Dece­mber 31, 2024. With extensive data available to the Income-Tax ...

Failure to submit your ITR by the January 15, 2025 deadline may result in the inability to revise your AY2024-25 returns, ...

The last date to file a revised income tax return (ITR) is January 15, 2025 as per the order of the Honourable Bombay High ...

It is also the last chance for other individual tax-payers who may have missed filing their returns by July 31, or spotted ...

Under the Income Tax Act, gifts received from specified relatives—such as parents, siblings, or spouses—are fully exempt from ...

Every individual who has missed filling their ITR can now file their income tax returns on the income tax e-filing portal ...

An updated income tax return can be filed by a taxpayer to correct any mistakes or omissions in the original or belated ...

Missed the original ITR filing deadline? Here’s what you’ll pay: ₹1,000 for income up to ₹5 lakh, ₹5,000 for income above ₹5 ...

Filing your Income Tax Return (ITR) is an important obligation for every taxpayer in India. However, if you miss this ...

According to the official website of the Income Tax Department, taxpayers can file it in two different modes - online and ...

Failure can lead to a loss of opportunity to file or revise your return for AY 2024-25 and additional penalties.

If a person misses the extended deadline also because of genuine reasons then s/he can ask the Income Tax authorities to ...