Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...

Selecting the right ITR form is essential when filing income tax returns. Filing your return using the wrong form can lead to rejection by the Income Tax Department and even a delay in refunds. Among ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

Only One Costly Option Left After January 1 ITR Deadline Update: December 31 marks a critical cutoff for income tax filers in ...

While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Filing Income Tax Returns (ITR) may be ...

December 31 is a crucial deadline for taxpayers, marking the last day to file belated or revised ITRs, claim tax refunds and ...

Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...