The deadline for filing revised and belated Income Tax Returns (ITR) ended on December 31, leaving many taxpayers anxious about their pending refunds. A common concern is whether missing this deadline ...
The ITR filing deadline for FY 2025-26 is July 31, 2026. Tax experts advise against filing before June 15 to ensure all ...
Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...
With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...
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New Delhi: From April 1, India has introduced the Income Tax Act 2025, replacing the six-decade-old Income Tax Act of 1961. The new law aims to simplify the tax system, make rules easier to understand ...