Income Tax Return: Filing income tax returns (ITR) is a crucial financial task every year. It is not just a legal obligation but also an important part of handling your finances. For salaried ...

Income Tax Return Filing 2025: The time to file the income tax return is coming to an end. The tax department has extended the time to file returns from 31 July 2025 to 15 September 2025. If you file ...

The government has informed Parliament that more than 24.64 lakh income tax returns have been pending for processing for over ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

The 2025 income tax return filing deadline is Wednesday, April 15, 2026. Payments and completed municipal income tax returns can be placed in the secure, drive-up drop box in the east curbed island of ...

Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...

The National Board of Revenue (NBR) is likely to extend the income tax return deadline by another month to March 31, marking the fourth extension this year.

Filing your income tax return can be, for many, a dreaded annual task. And paying to file unnecessarily can only add insult to injury. Still, many eligible filers fail to take advantage of a free ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

Missed filing an ITR for HUF income? Today’s Ask Wallet Wise explains why a member has no recourse once the deadline to file a revised ITR has expired. The Ask Wallet-Wise initiative offers expert ...