Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 ...

ITR filing: Taxpayers who miss the regular deadline for filing their income tax return get an additional chance through the updated income tax return (ITR-U) facility, introduced under Section 139(8A) ...

The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some ...

Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with ...

Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...

Budget 2026 introduces major tax rule changes from April 2026 including the new Income Tax Act 2025, TCS revisions, STT hike, ...

The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey ...

Aam Aadmi Party MP Raghav Chadha proposed reforms to ease financial burdens, advocating for optional joint income tax filing ...

Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will ...

The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...

Femina finds out what your Income Tax Return quietly reveals about your financial health, your habits, and whether you're ...