The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...

Filing an Income Tax Return can lead to errors, from minor mistakes to significant omissions. Taxpayers can correct these by ...

Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...

Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some ...

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

Tax experts say correcting mistakes proactively can help taxpayers avoid scrutiny notices, interest costs and prolonged ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...

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

The Income Tax department has now enabled the facility to upload online Revised Return for the returns filed manually or Paper Filed Returns earlier. The Income Tax department has now enabled the ...

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...

Revised ITR: The return should be revised within the prescribed time limit. It can be revised any time three months before the end of the assessment year or before the completion of the assessment, ...