The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...
A revised income tax return (ITR) allows taxpayers to correct mistakes or omissions in a return that has already been filed.
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Filing an Income Tax Return can lead to errors, from minor mistakes to significant omissions. Taxpayers can correct these by ...
In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...
When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
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 ...
December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this ...
Taxpayers claiming incorrect refunds face potential delays in their income tax refunds. The Income Tax Department is ...