The Income Tax Department has released the ITR-6 form. Under ITR filing, you have to choose one of the available forms. ITR-6 is also one of these forms. But who can use the ITR-6 form, what are its ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
Which ITR Form Should You File? Understand the Rules for ITR-1, ITR-2, ITR-3, and ITR-4 Based on Your Income Type Filing Income Tax Returns (ITR) is a legal responsibility for every taxpayer in India, ...
Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant ...
The delayed submission of this years ITR Form (Income Tax Return) has raised concerns among taxpayers. The governments recent ...
Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...
The risk management alert is a cautionary prompt, not a notice. Taxpayers need revised ITRs only if mismatches exist. Those with correct claims can wait as refunds resume after verification.
A revised or belated return must be filed by December 31 of the relevant assessment year, or before the tax authorities complete the assessment, whichever comes first. Missing this deadline closes the ...