The income tax return (ITR) filing has started for the financial year 2024-25 (assessment year 2025-26). The income tax department has notified all seven income tax return forms for the assessment ...
Income tax return due date: With the income tax return (ITR) deadline just around the corner, many taxpayers are rushing to file their returns ahead of the due date. However, some taxpayers are yet to ...
ITR Filing Deadline Extended to September 15, 2025: Penalty Rules for Late Filing Explained New Delhi, Sept 11, 2025 – The countdown has begun for taxpayers to file their Income Tax Returns (ITR) for ...
ITR Filing News LIVE Updates: With just three days left before the September 15 ITR filing deadline for AY 2025-26, speculation is high on whether the Finance Ministry will announce another extension.
Even if your income is under the taxable limit, you might still be required to make an Income Tax Return. The legislation mandates Nil ITR filing in some cases like crediting more than ₹1 crore in ...
The Income Tax Appellate Tribunal (ITAT) in Delhi has ruled that a disputed tax addition is no longer valid after the Assessing Officer (AO) himself rectified the initial assessment order under ...
New Delhi: Chartered accountant associations and tax lawyers have urged the government to extend income tax return (ITR) and audit deadlines for the assessment year (AY) 25-26, citing ongoing issues ...
The Income Tax Department imposes a late filing fee under Section 234F of the Income Tax Act, 1961. The penalty is linked to your income level: If you have any outstanding tax liability, missing the ...
Even if your annual income falls below the basic exemption threshold—₹2.5 lakh under the old tax regime and ₹3 lakh under the new one—it isn’t always safe to skip filing an Income Tax Return (ITR).
The federal form, used to determine financial aid, will be available to the public on Oct. 1. Technical glitches that delayed the form for the past two years are said to have been resolved. By Ann ...
The CBDT has extended the ITR filing deadline for salaried professionals to September 15, 2025, offering relief due to delayed data and system updates. Self-assessment taxes are still due by July 31, ...