ITR: For salaried individuals, Form 16 is a crucial document for filing the income tax return (ITR). As per the regulations, employers must file their e-TDS return for the January–March quarter by 31 ...

ITR filing FY 2024-25: The last date to file your Income Tax Return (ITR) for AY 2025-26 is approaching. This year the Income Tax Department has extended the ITR filing deadline to September 15, 2025.

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

AIS and 26AS collect and consolidate data from banks, employers, brokers, and property registrars. Filing an ITR simply confirms pre-existing financial records, making unreported income easily ...

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...

Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ITR. Refunds are still paid, but belated filers often lose a major portion ...

NEW YORK (AP) — If you’ve waited till the last minute to file your taxes, don’t panic. You still have time to get it done. And if you're worried that you still might not be able to finish in time, you ...