The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...
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. The tax rates for individuals in India ...
Each taxpayer is supposed to file their income tax return within the time prescribed under section 139(1)/139(4) of the Income Tax Act. However, it may be possible due to any genuine hardship or ...
Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...
With the Income Tax Return (ITR) filing season now officially over for both audit and non-audit taxpayers, many people are still wondering: Why is my refund delayed? As of December 11, 2025, more than ...