Filing the ITR may be the first milestone, but ensuring that the return is valid, accurately processed, and appropriately ...

Income Tax Refund Delays: The income tax return filing deadline came to an end on July 31, with over 7 crore taxpayers filing their returns within the set time-frame. As per the Income Tax ...

ITR e-Verification: If you have filed your Income Tax Return (ITR), there is still one crucial step remaining. Merely filing ...

Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing ...

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is for individuals and HUFs with business or professional income.

Taxpayers filing ITR-1 and ITR-2 must submit their returns by 31 July. Meanwhile, taxpayers filing ITR-3 or ITR-4 who are not ...

After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. If you notice an error in your processed ITR, you can submit ...

Filing an income tax return for the first time may seem challenging, but following the correct steps and keeping all required ...

Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks and reconciliation runs, using technology for ITR processing might trigger ...

Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be ...

Filing an Income Tax Return offers benefits beyond tax compliance, including easier loans, TDS refunds, visa processing, and financial credibility. Timely filing also helps avoid penalties and ...

Taxpayers may need to furnish additional details on donations, business expenses, investments and revised returns as the Income Tax Department expands disclosure requirements.